Course Description
This course is a continuation of Accounting I. Topics include corporate accounting and financial statements, long-term liabilities, cash flow and financial statement analysis, managerial accounting, budgeting, and using financial data to make business decisions.
Course Outcomes
At the end of this course, students will be able to:
- Define terms related to business accounting
- Apply a working knowledge of accounting concepts and principles
- Demonstrate the ability to prepare and understand corporate financial statements
- Analyze financial statements using various ratios and tools
- Describe long-term liabilities
- Examine concepts related to managerial accounting
- Examine how managers use financial information to guide important decisions
- Apply concepts related to managerial accounting
- Prepare and analyze various types of budgets
- Differentiate international financial reporting standards from generally accepted accounting principles
Course Materials
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