ACCT 2251

Financial Accounting

Financial Accounting introduces financial accounting concepts from a user perspective and the focus of the application of these concepts in a real world environment. Topics include applying Generally Accepted Accounting Principles (GAAP) to record transactions, preparation and analysis of financial statements, fraud, internal control, cash control, receivables, inventory, liabilities, plant assets, natural resources, intangible assets, stockholders equity and financial statement analysis of companies organized as corporations using annual reports.

Credits: 4
Semesters: Fall, Spring

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