Prerequisite(s): ( MTH60 ) or ( MTH82 )

This is the first term of the accounting principles sequence. Introduces financial accounting theory, including the accounting cycle, analysis and recording of transactions, and reporting financial information in accordance with Generally Accepted Accounting Principals (GAAP). The course emphasizes the theoretical foundations of accounting and analytical skills needed by business and accounting students.

This course may be taken 1 time for credit.