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Please download the full syllabus at: Fall 2021 ACC 100 Syllabus.pdf
This course will cover the first half of the Financial Accounting curriculum. The second half will be covered in Financial Accounting II, ACC 101. The two courses combine as the study of accounting as an information system, and examines why it is important and how it is used by investors, creditors, and others to make decisions. The courses cover the accounting information system, including recording and reporting of business transactions with a focus on the accounting cycle, the application of generally accepted accounting principles, the financial statements, and statement analysis. The issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics will all be covered.
Student Learning Outcomes:
The students will gain an understanding of accounting concepts and their applications in different aspects of business.
- Purposes and uses of accounting information
- The accounting cycle
- Cash and accrual accounting
- Internal controls
- Financial reporting rules and disclosure, including international standards, such as International Financial Reporting Standards (IFRS)
- Current assets
- Current liabilities
- Long-term assets
- Long-term liabilities
- Stockholders’ equity and reporting requirements
- Measuring cash flow
- Financial statements and statement analysis
- Ethical issues
Great news: your textbook for this class is available for free online!
Principles of Accounting Volume 1 Financial Accounting from OpenStax, ISBN-10: 1-947172-67-0
You have several options to obtain this book:
You can use whichever formats you want. Web view is recommended -- the responsive design works seamlessly on any device.
Student Support & Policies
Please review the following policies and support services:
| Gertrude Kisler
To download a PDF of this syllabus, right-click anywhere on the page, select 'Print' and then select 'Save As PDF' next to the printing destination. If you don't have that option, instead right-click anywhere on the page, select 'Select All'. With everything selected, right-click anywhere on the page a second time and select 'Print Selection', then select 'Save as PDF' next to the printing destination.
The syllabus page shows a table-oriented view of the course schedule, and the basics of course grading. You can add any other comments, notes, or thoughts you have about the course structure, course policies or anything else.
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