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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
  • Discuss the significance of the terms: asset, liability, capital, revenue, and expense.
  • Prepare Journal entries to reflect the economic affects of financial transactions
  • Explain the posting process.
  • Prepare general purpose Financial Statements.
  • Describe Revenue and Expense recognition in relation to an Accounting period.
  • Demonstrate a systems perspective in analyzing business events and transactions.

  • 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
    Summer 2014
    9501
    Art King
    ACCT& 201
    Summer 2014
    9509
    Art King
    ACCT& 201
    Spring 2014
    0313
    Francis Lyons
    ACCT& 201
    Spring 2014
    9501
    Art King
    ACCT& 201
    Spring 2014
    9509
    Art King


    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.