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Practical Applications of Accounting

Course Number: ORG203N

This course introduces students to the principles and concepts of financial accounting. Students will develop a basic understanding of business transactions and financial statements.

  • Develop a basic understanding of business transactions and financial statements.

  • Understand how to classify, record, and report business transactions

  • Understand how transactional information is used by businesses to create financial statements

  • Understand the financial information reported to and used by organizations.

  • Integrate financial concepts and policies into management decisions.

  • Understand the basics of internal controls for cash transactions

  • Understand how users of financial reports utilize this information in decision making

  • Employ cash flow tools to analyze business status.

  • Employ ratio analysis in the interpretation of financial information

     

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