205: Introduction Financial Accounting. (3-3-0)
Introduction to accounting and financial reporting concepts and the significance of financial accounting information in decision-making. Emphasis on the accounting cycle; assets, liabilities, and stockholders' equity ; and preparation of financial statements.
206: Introduction Managerial Accounting. (3-3-0)
Prerequisite: ACCT 205.
Introduction to managerial accounting theory, tools and concepts, with emphasis on the techniques used to provide information for internal management decisions.
231: Intermediate Accounting. (3-3-0)
Prerequisite: ACCT 205 and ACCT 206.
Expand and detail concepts, relationships, and procedures underlying the accounting cycle and financial statements. Emphasis will be placed on current assets including cash, receivables, and inventories. Added emphasis will be placed on the preparation of financial statement in accordance with generally accepted accounting principles as well as ethical and professional standards.