Mar 29, 2024  
2023-2024 Undergraduate Catalog 
    
2023-2024 Undergraduate Catalog

AC 2503 - Financial Accounting (3) F, SP, SU


The introduction to financial accounting concepts, covering fundamentals of financial statement preparation for partnerships and corporations based on a user’s perspective. A study of the full accounting cycle in accordance with generally accepted accounting principles for the financial reporting of assets, liabilities and equity.  

Prerequisites: Sophomore standing. Successful completion of the college of business spreadsheet pre-test. For students planning on majoring in accounting a “B” or better in AC2503 is required for AC 3503 .