Financial accounting is the language of business. The study of financial accounting helps students acquire a broad conceptual framework for understanding and preparing financial reports. The course helps students to become reasonably proficient at interpreting numbers in financial statements and assessing their usefulness for decisions. Students learn bookkeeping, and examine and analyze financial statements for U.S. and global companies.
Prerequisites: Sophomore standing or permission of instructor. Students who have BUS 205 transfer credit may not take this course.