ACCT 0104 - Principles of Accounting I

Credits: 3

Development of a framework of concepts underlying the preparation of corporate financial statements which are useful to investors, economists, the general public, and other interested external parties. The balance sheet and income statement as conventionally reported by American corporations are studied as to methodology for their preparation, their interpretation, and their strengths and limitations.

Prerequisites: MGMT 0107.
(formerly MGMT 0104)

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Westfield State University

ACCT 0104 - Principles of Accounting I