This course develops
an understanding of the basic elements of financial accounting and of the role
of accounting in society. Students are introduced to financial statements and
to the fundamental accounting concepts, procedures, and terminology employed
in contemporary financial reporting. The skills necessary to analyze business
transactions, to prepare and to comprehend financial statements, and to examine
a firm's profitability and financial condition are developed. Students are required
to use the internet to conduct a financial statement analysis project.
The Department