ACG 2021 - Financial Accounting

3 credits
Students are introduced to the field of Financial Accounting for sole proprietorships, partnerships, and corporations. The course emphasizes the recording and analysis of business transactions and the study of the accounting cycle. Topics include accrual-based accounting concepts, internal controls, and financial statement preparation. Ethical accounting practices and their importance are embedded throughout the course. This course meets the requirements of the AS Accounting Technology degree, the Accounting Technology Management Certificate, the AS Business Administration and Management degree, the Small Business Management Certificate, and/or the Business Development and Entrepreneurship Certificate; it is also accepted by the State University System for transfer. Credit is not given for both ACG 1001/ACG 2011 and ACG 2021.