This course is intended
primarily as the first of a
sequence of courses for
nonaccounting majors. Through
the study of accounting you
will learn the language of
business, or the language of
financial decisions. The
better you comprehend the
language, the better you can
manage the financial aspects
of living. Personal financial
planning, investments, loan,
house mortgage payments,
income payments, and many
other aspects of daily life
are based on accounting. Some
recent survey indicates that
business managers believe it
is more important for college
students to learn accounting
than any other business
subject. Other survey shows
that persons trained in
accounting and finance make
it to the top of their
organizations in greater
numbers than persons trained
in any other fields.