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    Jul 15, 2024  
2021-22 RACC Student Catalog 
2021-22 RACC Student Catalog [ARCHIVED CATALOG]

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ACC 105 - Financial Accounting

3 Credit Hours

This course is designed to provide a conceptual introduction to financial accounting topics for business and accounting majors. Emphasis in the course is placed on using financial accounting information for decision making. Accounting theory of all commonly used accounts such as cash, investments, receivables, inventory, fixed assets, payables, bonds, and stocks are studied, as are accounting systems and controls, financial statement preparation, and analysis. Students will be introduced to the accounting cycle through computerized software.

Prerequisite(s): IFT 110  (or concurrently),  COM 098  or EAP 050   and EAP 060    Strongly recommended: BUS 110  

Semesters Offered: Fall/Spring/Summer/Online

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