Introduction to Accounting

This course introduces students to the fundamentals of accounting practices and principles. This course covers the accounting cycle, financial statement preparation, and basic accounting concepts such as debits and credits, journal entries, and ledgers. Through interactive lectures, hands-on exercises, and practical projects, students will learn how to manage financial information and use accounting data to make informed business decisions.

Upon successful completion of this course, students will be able to:

• Foundational Accounting Knowledge: Gain a solid understanding of basic accounting principles and the accounting cycle, including journalizing transactions, preparing ledgers, and compiling financial statements.
• Financial Statement Preparation: Develop the skills to prepare and interpret the primary financial statements: the balance sheet, income statement, and statement of cash flows.
• Analytical Skills: Enhance the ability to analyze financial data, assess the financial health of an organization, and understand how accounting decisions impact business operations.
• Ethical Financial Practices: Learn the importance of ethical standards and practices in accounting, ensuring transparency and accuracy in financial reporting.

These outcomes aim to provide students with the foundational skills necessary for entry-level accounting positions and prepare them for further studies in accounting and finance.