ACCT& 202 - Principles of Accounting II

5 CR

Presents basic concepts used in financial reporting and interpreting financial statements.

Prerequisite(s): ACCT 201 with a C or better or entry code.

Course Outcomes

Describe the impact of basic investing and financing transactions on a business’s financial position
Employ double-entry bookkeeping to record and report on basic business investing and financing transactions in an accounting system
Construct a report of a business’s cash flows
Critically analyze a business’s financial position, cash flows, and operational results
Employ time value of money theory in the analysis of long-term financial transactions
Demonstrate business communications skills through a variety of assessments such as team assignments, oral presentations, and written documents

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