ACCT 1100 Syllabus

Subject Code

ACCT

Course Number

1100

Course Title

Financial Accounting I

Prerequisites

Diploma-level program admission

Corequisites

Terms Offered

Offered every semester

Credit Hours

(3-2-4)

Course Description

This course introduces the basic financial accounting concepts of the complete accounting cycle and provides students with the necessary skills to maintain a set of books for a sole proprietorship. Topics include accounting vocabulary and concepts, the accounting cycle for a personal service business, the accounting cycle for a merchandising business, inventory, cash control, and receivables. Laboratory work demonstrates theory presented in class.

Course Outcomes