ACCT 140: Accounting Essentials

Subject Area
Credits 5 Lecture Hours 55 Lab Hours 0
Other Hours
0
Total Hours
55
RE- Students will acquire a practical understanding of financial and managerial accounting concepts. With a focus on the relationship between real-world events and the accounts and numbers that appear on financial statements, students will explore the accounting for common transactions and learn to apply the basic tools of financial statement analysis to various types of business and not-for-profit organizations. Managerial accounting topics include analysis of the cost of manufactured products, cost behavior, break-even analysis, and budgeting. This course is intended for the non-accounting specialist and is not recommended for students planning to transfer into bachelor's degree programs in business.

Prerequisites

Placement into ENGL 95 or above; AND Completion of MATH or MFUND 75 with a grade of 2.0 or higher, or placement into MATH 84 or MATH 85- no MATH expiration