Description
This course is the first of a two-course sequence which expands the student’s knowledge of financial accounting. Students will develop the tools necessary to understand and execute appropriate accounting procedures, and differentiate between U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Emphasis is placed upon critical thinking and application in the areas of financial reporting, cash, receivables, and inventories. Students will begin to develop data analytics skills and expand their use of spreadsheets in the accounting field. Prerequisite: ACC112 with grade of “C” or better.