ACCT291 - Accounting I

General

Prefix
ACCT
Course Number
291
Course ID
00000409
Course Level
Undergraduate
Instruction Mode
Lecture
Department(s)
Accounting
Description
Accounting as a process of providing useful financial information to investors, creditors, management, and other users. The accounting process, financial statements, and the uses and limitations of accounting information.
Cross Listed Courses

Prerequisites

No Requisites

Credits

Min
3
Max
3
Repeatable
No

Goals and Diversity

MN Goal Course
No
MN Goal Designation(s)
-
Cultural Diversity
No

Learning Outcomes

Outcome
Prepare and use a balance sheet, income statement, and statement of stockholders' equity given transaction data and/or account balance data.
Outcome
Predict the effect of business transactions on financial statements.
Outcome
Calculate the effect of expense and revenue recognition on income statement values through the application of generally accepted accounting principles.
Outcome
Calculate balance sheet values through the application of generally accepted accounting principles.

Dependencies

No dependencies