2000

An overview of the basic topics of financial and managerial accounting with an emphasis on how accounting reports are used by managers, investors, and other business stakeholders. This course may not be taken by business majors.

Prerequisite: College of Business major. A study of the underlying principles of accounting. The analysis of business transactions and financial statements is emphasized with particular focus on the use of accounting information for external decision-making.

Prerequisite ACCT 2101 with a grade of C or higher and College of Business major. Introduces the managerial aspects of accounting and the use of information for internal decision-making. Topics include product costing, break-even analysis, master budgets, performance evaluation and capital budgeting.