This course focuses on principles of accounting for the non-accounting student. Emphasis will be placed on the accounting equation and transactions, financial statement preparation and analysis, internal controls, regulatory environment, compliance, and global business implications.
Evaluate the effects of unusual or irregular items on financial statements.
Global Business Financial Environment
Analyze consolidated financial statements to make business decisions in a global business environment.
Describe how debt and stock investments are reported in financial statements.
Explain why corporations invest in stocks and debt securities.
Internal Control and Cash
Prepare bank reconciliations and adjusting entries.
Identify the principles of internal control.
Prepare adjusting entries.
Prepare financial statements.
Differentiate between accrual and cash accounting.
Determine the effects of transactions on the accounting equation.
Explain how the accounting equation affects financial statment components.
Describe the relationship between financial statements and the supplemental components comprised in an annual report.
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Advisor.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.