This first course in financial accounting focuses on the concepts relating to accounting for assets, such as receivables, short-term and long-term investments, inventory, property, plant, equipment, and intangibles. Current and long-term debt also are covered. The course discusses the communication of financial information by means of an in-depth analysis of the balance sheet and income statement. Coverage includes topics of measurement and revenue recognition.
Pre-requisites; [Admission to the Zicklin School of Business (ZICK) or have ZKTP]
and [ACC 2101, ECO 1001, ECO1002, STA 2000, and Sophomore Standing]