acc290 | undergraduate

Principles Of Accounting I

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This course covers the fundamentals of financial accounting as well as the identification, measurement, and reporting of the financial effects of economic events on an enterprise. Students will learn to examine financial information from the perspective of management. Other topics include decision making, planning, and controlling from the perspective of a practicing manager.

This undergraduate-level course is 5 weeks This course is available to take individually or To enroll, speak with an Enrollment Representative.

Course details:

Credits: 3
Continuing education units: XX
Professional development units: XX
Duration: 5 weeks

topic title goes here

    The Basics of Accounting

    • Identify the effects of transactions on the accounting equation.
    • Recognize accounting terms and transactions.

    Analyze and Record Transactions

    • Use T-Accounts to show the effect of an accounting transaction.

    The General Ledger

    • Record transactions in the general journal.
    • Post journal entries to general ledger accounts.

    Accounting Adjustments

    • Prepare adjusting entries.
    • Prepare an income statement, balance sheet and statement of owners' equity.

    Closing Entries and the Postclosing

    • Prepare a postclosing trial balance.
    • Interpret financial statements.
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    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.