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Lower Level
Credits: 4
Term(s) Offered (Subject to Change) : Sep.
Examine financial reporting issues, including corporate organizations and stockholders' equity, reporting unusual events and special equity transactions, and special types of liabilities. Focus on managerial accounting topics including accounting for manufacturing operations, measuring unit costs, and cost control. Examine cost-volume-profit analysis and increment analysis in decision making. Focus on three topics: income taxes and their effect on business decisions, operational budgeting, and capital budgeting.
Prerequisite: Accounting 1 or equivalent.
NOTE: Students who have taken Accounting 1 will not need to order the text if the edition has not changed.