This course is intended primarily for non-accounting
majors. Accounting is known as 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. 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.
Specifically, you will learn how economic activity and
wealth is measured and reported. You will be working with
accounting and budgeting information in your future
careers. You will learn the ways that enterprises transact
business, their methods of financing, and how to read and
analyze financial statements, among other things. You will
also learn principles and procedures of accounting and how
financial statements are assembled. Lastly, you will find
that the nature of the subject is such that your
analytical and decision-making skills will be sharpened
and your judgment enhanced.