Course Catalog

ACC 201 Introduction to Financial Accounting and Reporting	3 Credits
Introduction to Financial Accounting and Reporting Accounting is the information system organizations use to identify, record and communicate relevant economic events and as such all management students should have a strong background in accounting. The purpose of this course is to familiarize the students with basic accounting concepts, principles, and methods as well as to teach them the basic business terminology they will encounter in future management courses and in the business world. The course will help the students appreciate the role of accounting information in financial decision making and is intended to serve as a foundation for subsequent Accounting and Finance courses. The topics covered include demand for accounting information by internal and external users in making investment and credit decisions; supply of accounting information and the institutional background for generally accepted accounting principles; the format and the content of the four basic financial statements; analysis and recording of business transactions through the recording cycle; accounting for current assets including trade receivables and inventories; plant- property- equipment and depreciation; financing through short and long-term debt versus equity; and basic financial ratio analysis. The course is based on International Financial Reporting Standards (IFRS).
Last Offered Terms Course Name SU Credit Spring 2023-2024 Introduction to Financial Accounting and Reporting 3 Fall 2023-2024 Introduction to Financial Accounting and Reporting 3 Summer 2022-2023 Introduction to Financial Accounting and Reporting 3 Spring 2022-2023 Introduction to Financial Accounting and Reporting 3 Fall 2022-2023 Introduction to Financial Accounting and Reporting 3 Summer 2021-2022 Introduction to Financial Accounting and Reporting 3 Spring 2021-2022 Introduction to Financial Accounting and Reporting 3 Fall 2021-2022 Introduction to Financial Accounting and Reporting 3 Summer 2020-2021 Introduction to Financial Accounting and Reporting 3 Spring 2020-2021 Introduction to Financial Accounting and Reporting 3 Fall 2020-2021 Introduction to Financial Accounting and Reporting 3 Summer 2019-2020 Introduction to Financial Accounting and Reporting 3 Spring 2019-2020 Introduction to Financial Accounting and Reporting 3 Fall 2019-2020 Introduction to Financial Accounting and Reporting 3 Summer 2018-2019 Introduction to Financial Accounting and Reporting 3 Spring 2018-2019 Introduction to Financial Accounting and Reporting 3 Fall 2018-2019 Introduction to Financial Accounting and Reporting 3 Summer 2017-2018 Introduction to Financial Accounting and Reporting 3 Spring 2017-2018 Introduction to Financial Accounting and Reporting 3 Fall 2017-2018 Introduction to Financial Accounting and Reporting 3 Summer 2016-2017 Introduction to Financial Accounting and Reporting 3 Spring 2016-2017 Introduction to Financial Accounting and Reporting 3 Fall 2016-2017 Introduction to Financial Accounting and Reporting 3 Summer 2015-2016 Introduction to Financial Accounting and Reporting 3 Spring 2015-2016 Introduction to Financial Accounting and Reporting 3 Fall 2015-2016 Introduction to Financial Accounting and Reporting 3 Summer 2014-2015 Introduction to Financial Accounting and Reporting 3 Spring 2014-2015 Introduction to Financial Accounting and Reporting 3 Fall 2014-2015 Introduction to Financial Accounting and Reporting 3 Summer 2013-2014 Introduction to Financial Accounting and Reporting 3 Spring 2013-2014 Introduction to Financial Accounting and Reporting 3 Fall 2013-2014 Introduction to Financial Accounting and Reporting 3 Spring 2012-2013 Introduction to Financial Accounting and Reporting 3 Fall 2012-2013 Introduction to Financial Accounting and Reporting 3 Summer 2011-2012 Introduction to Financial Accounting and Reporting 3 Spring 2011-2012 Introduction to Financial Accounting and Reporting 3 Fall 2011-2012 Introduction to Financial Accounting and Reporting 3 Spring 2010-2011 Introduction to Financial Accounting and Reporting 3 Fall 2010-2011 Introduction to Financial Accounting and Reporting 3 Summer 2009-2010 Introduction to Financial Accounting and Reporting (MGMT202) 3 Spring 2009-2010 Introduction to Financial Accounting and Reporting (MGMT202) 3 Fall 2009-2010 Introduction to Financial Accounting and Reporting (MGMT202) 3 Summer 2008-2009 Introduction to Financial Accounting and Reporting (MGMT202) 3 Spring 2008-2009 Introduction to Financial Accounting and Reporting (MGMT202) 3 Fall 2008-2009 Introduction to Financial Accounting and Reporting (MGMT202) 3 Spring 2007-2008 Introduction to Financial Accounting and Reporting (MGMT202) 3 Fall 2007-2008 Introduction to Financial Accounting and Reporting (MGMT202) 3 Spring 2006-2007 Introduction to Financial Accounting and Reporting (MGMT202) 3 Fall 2006-2007 Introduction to Financial Accounting and Reporting (MGMT202) 3 Spring 2005-2006 Introduction to Financial Accounting and Reporting (MGMT202) 3 Fall 2005-2006 Introduction to Financial Accounting and Reporting (MGMT202) 3 Spring 2004-2005 Introduction to Financial Accounting and Reporting (MGMT202) 3
Prerequisite: __
Corequisite: ACC 201R
ECTS Credit: 6 ECTS (6 ECTS for students admitted before 2013-14 Academic Year)
General Requirements: