This course provides an introduction to Financial Accounting.  Emphasis is placed on measuring, processing, analyzing, and interpreting elements of the four basic financial statements.

The course goal is to increase awareness of the overall process and objective of financial accounting as well as develop an understanding of the elements required to create financial statements.  Course includes such concepts as the balance sheet (and related components), the income statement (and related components), stockholders' equity, the cash flow statement, and internal controls.

Recommended Prerequisites: CTI 103, CTI 105, CTI 107 or CTI 109. 

This course provides an introduction to Financial Accounting.  Emphasis is placed on measuring, processing, analyzing, and interpreting elements of the four basic financial statements.

The course goal is to increase awareness of the overall process and objective of financial accounting as well as develop an understanding of the elements required to create financial statements.  Course includes such concepts as the balance sheet (and related components), the income statement (and related components), stockholders’ equity, the cash flow statement, and internal controls.

Recommended Prerequisites: CTI 103, CTI 105, CTI 107 or CTI 109. 

Continuation of 311 with study including pensions, leases, accounting changes, deferred taxes, and cash flow. Inclusion of professional projects. Prerequisite: ACC 311 with a grade of C- or better.