ACC-1015 - Fundamentals of Accounting Practice (3)

The course addresses the role of accounting in society and business, with a special emphasis on fundamental concepts and the basic design of accounting systems. The course will provide an overview of the basic topics in financial and managerial accounting, with emphasis on the principles and procedures for understanding how accounting is used in business operations, as well as how accounting and accounting reports are used by managers, investors and other business stakeholders in their decision making processes. This course is recommended for non-business majors. ACC-1015 does not meet the transfer accounting principles requirement for business majors. Note that students majoring in Accounting, Business, and Business Management programs may NOT receive credit for this course, thus should register for ACC 2010 .

List Course Outcomes (consistent for all sections)
CO1 - Describe the role of accounting in the business environment.

CO2 - Define and apply accounting terms, methods, and concepts used in business.

CO3 - Analyze and summarize business transactions for accounting purposes.

CO4 - Prepare financial statements and reports for different types of businesses.

CO5 - Analyze metrics to make business decisions.

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