Introduction to Financial Accounting
  • Type Validation
  • Level Foundational
  • Time Months
  • Cost Paid
Additional Details

Introduction to Financial Accounting

Issued by Northeastern State University

An introductory course in financial accounting that utilizes a decision approach for both management and external users. Topics include income measurement, asset and liability determination, financial statement preparation, accounting systems, internal controls, ethics, corporate accounting, and analysis of financial statements. Badge earners must complete the following course: ACCT 2103 - Introduction to Financial Accounting

  • Type Validation
  • Level Foundational
  • Time Months
  • Cost Paid
Additional Details

Skills

Earning Criteria

  • Instructional strategies include: audio visual materials, discussion, computer-based training, practical exercises, lectures.
  • SLO 1. Explain the accountant’s social responsibility to financial decision makers.
  • SLO 2. Apply generally accepted accounting principles to communicate financial information.
  • SLO 3. Demonstrate knowledge of the accounting transaction cycle.
  • SLO 4. Explain the concepts of income measurement and accrual accounting.
  • SLO 5. Apply generally accepted accounting principles to account for assets.
  • SLO 6. Apply generally accepted accounting principles to account for liabilities.
  • SLO 7. Apply generally accepted accounting principles to classify and define stockholders’ equity and its components.
  • SLO 8. Prepare a basic set of financial statements.
  • SLO 9. There will be graded exams during the semester over these objectives.