Description
An introduction to financial accounting concepts emphasizing the analysis of business transactions in accordance with generally accepted accounting principles(GAAP), the effect of these transactions on the financial statements, financial analysis, and the interrelationships of the financial statements. (Principles of Financial Accounting I plus Principle of Financial Accounting II are equivalent to Principles of Accounting I (Financial) on the Matrix, guidance by NMHED) Prerequisite: ACCT-111. Offered: Fall.