Credits: 3 Offered: Fall Semester Goal Areas: AA Elective Certificate Alignment: Delivery Method: HyFlex, Online Synchronous Course Description: This course introduces students to the fundamentals of financial accounting with an emphasis on how financial information is recorded, summarized, and reported for external users. Students learn basic accounting concepts, principles, and standards used to prepare financial statements, including the income statement, balance sheet, and statement of cash flows. The course emphasizes ethical financial reporting, accountability, and the role of accounting in organizational transparency. Practical examples and problem-solving activities help students apply accounting concepts to real-world business and community contexts. Course Learning Outcome #1 Identify and apply fundamental financial accounting concepts and principles, including the accounting equation, accrual accounting, and generally accepted accounting practices. Course Learning Outcome #2 Record and analyze business transactions using journals, ledgers, and trial balances to produce accurate financial information. Course Learning Outcome #3 Prepare and interpret basic financial statements, including the income statement, balance sheet, and statement of cash flows, for external users.
- Subject
- ACCT
- Type
- course
- Edition
- 491844-undated-rlnc.education
- Source
- www.rlnc.edu