ACCT 2010/201L - Principles of Accounting I/Lab

Credit Hours: 3 Credit Hours
Prerequisite: Sophomore standing or department chair approval Corequisite: ACCT 201L (grading is done on a pass/fail basis)
Description: This course covers basic financial accounting principles for the business enterprise. It is designed to cover the concepts, principles, and procedures pertaining to the preparation, analysis, and interpretation of financial recognition of revenues and expenses, and determining values for assets and liabilities, the preparation of financial statements, consistent with accounting standards, and their use in decision making.