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Catalog Description
Introduction to accounting theory and methods used to record and report financial information according to generally accepted accounting principles. Taught as a WebCT hybrid course. (3 hrs. lect.)
Student Learning Outcomes
- Describe and understand the nature, environment and role of accounting as it relates to individuals, business organizations, and the business community.
- Analyze, record and report the business activities and transactions of a service and/or merchandising type organization using GAAP.
- Understand and describe what internal controls are, including its basic components and limitation, and apply internal control activities in the control of cash and merchandising transactions.
- Apply generally accepted accounting principles (GAAP) in accounting for financial assets and liabilities including, but not limited to, short term financial assets, inventories, long-term assets, and current liabilities.
Degrees and Certificates at WCC the Course
Applies To
Pathfinder to resources on:
Current Syllabus
Past Syllabi
None
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