successful completion of this course will provide you with the following: a
basic understanding of the preparation and presentation of accounting
information according to Generally Accepted Accounting Principles (GAAP).
Class preparation, participation, outside projects and tests will help you
attain proficiency in the following competencies:
communicate orally and in writing.
2. Organize information, draw
and support conclusions.
3. Access and communicate
information using modern technologies.
4. Appreciate the necessity for
life long learning.
5. Analyze data and possess
proficiency in the application of quantitative techniques of business.
1. To learn the accounting
principles of matching, realization of income and expenses and the
historical cost method of valuing assets and debts.
2. To learn the GAAP methods
used in “for-profit” businesses, emphasizing those used by a corporation
3. To learn how to prepare the
income statement and the balance sheet for a corporation.
4. To learn how to use
financial statement analysis in making business decisions
5. To learn and understand the