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ACCT 371. Financial Accounting and Analysis

Credits: 3
Department: Accounting
Description: Financial statement measurement and derivation. Develop an in-depth understanding of financial statement concepts such as revenue recognition, cash flows, assets, liabilities, shareholders' equity, revenue, and expenses.
Prerequisites: ACCT 292
Semester Offered:
  • Fall
  • Spring
  • Summer
Grading Method: ABCDF

Student Learning Outcomes

1. Prepare and interpret the income statement, balance sheet, and statement of cash flows.
2. Determine the effects of transactions on a business entity's financial statements. This will include transactions for the following topics: a) cash and receivables, b) inventory, c) property, plant and equipment, d) intangible assets, e) current and long-term liabilities, f) stockholders' equity, g) leases, and h) pensions

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