| Program Detail |
: This continued study of accounting theory and practice reviews the accounting cycle and preparation of accounting statements. Topics include the environment and conceptual framework of financial accounting, statement of income and retained earnings, balance sheet and statement of cash flows, the time value of money, cash and receivables, valuation of inventories, acquisition and disposition of property, depreciation and depletion, and current liabilities and contingencies.
The course is designed for anyone interested in business management and economics seeking training beyond the first-year courses, as well as for accounting majors and those preparing for the CPA examination.
Prerequisites: Introduction to Financial Accounting XB102A and Managerial Accounting XB102B or equivalent. Supervised final examination. |
