3.00 Credits
Prerequisite: ACCT 2110 and ACCT 2120 with grades of C or better. In-depth treatment of traditional financial accounting topics including standards setting, the accounting processing cycle, financial statement form and content, revenue recognition, time value of money, and accounting and reporting of current assets. Emphasis is placed on the development of technical accounting skills including basic theory, valuation, and measurement. All business majors must have completed the Basic Business Program. Accounting majors must earn a grade of C or better to graduate.