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Master Course Outline
ACCT& 201
Principles of Accounting I


Credits: 5
Clock Hours per Quarter: 50

AA Discipline:

Lecture Hours:50


Description
Addresses the fundamentals of accounting theory and practice, including: study of the accounting cycle, use of special journals, and use of accounting in management decisions. Formerly ACCT 201, Principles of Accounting.

Intended Learning Outcomes
  • Explain the accounting cycle.
  • Describe revenue and expense recognition in relation to the accrual basis of accounting under Generally Accepted Accounting Principles.
  • Apply proper accounting vocabulary while describing financial transactions.
  • Demonstrate understanding of journalizing, posting, and balancing accounts.
  • Prepare general purpose financial statements from an adjusted trial balance.
  • Evaluate specific accrual accounting and internal control issues with regard to inventory, cash, and accounts receivable.

  • Course Topics
  • Analyzing Transactions
  • Matching concept and the adjusting process
  • Completing the Accounting Cycle
  • Accounting systems and Internal Control
  • Inventories
  • Risk Management
  • Management of Business Entities

  • Syllabi Listing See ALL Quarters
    Course
    Year Quarter
    Item
    Instructor  
    ACCT& 201
    Fall 2016
    6004
    Linda Lane
    ACCT& 201
    Fall 2016
    0309
    Francis Lyons
    ACCT& 201
    Fall 2016
    9526
    Julie Pruett
    ACCT& 201
    Summer 2016
    9501
    William Davenport
    ACCT& 201
    Summer 2016
    9505
    Ben Estock


    Two Year Projected Schedule

    Year One* Year Two**
    Fall
    Winter
    Spring
    Summer
    Mini 
    Fall
    Winter
    Spring
    Summer
    Mini
    X
    X
    X
     
     
    X
    X
    X
     
     

    *If fall quarter starts on an odd year (2003, 2005, etc.), it's Year One.
    **
    If fall quarter starts on an even year (2002, 2004, etc.), it's Year Two.