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Active as of Summer Session 2021

I. General Information

1. Course Title:
Accounting Principles I (Financial)

2. Course Prefix & Number:
ACCT 2011

3. Course Credits and Contact Hours:

Credits: 4

Lecture Hours: 3

Lab Hours: 2

4. Course Description:

This course serves as an introduction to the generally accepted accounting principles used to identify, measure, and communicate useful economic information to users. Specific topics include accrual accounting, financial statements, accounting systems, merchandise accounting, internal control, and accounting for assets, liabilities, and owners' capital. International issues and ethics are incorporated into appropriate topics.

5. Placement Tests Required:

Accuplacer (specify test): Reading College Level CLC or Reading College Level Score:

6. Prerequisite Courses:

ACCT 2011 - Accounting Principles I (Financial)

There are no prerequisites for this course.

9. Co-requisite Courses:

ACCT 2011 - Accounting Principles I (Financial)

There are no corequisites for this course.