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.