Principles of Accounting I - ACC 211 at Mountain Gateway Community College

https://courses.vccs.edu./colleges/mgcc/courses/ACC211-PrinciplesofAccountingI

Effective: 2023-01-01

Course Description

Introduces accounting principles with respect to financial reporting. Demonstrates how decision makers use accounting information for reporting purposes. Focuses on the preparation of accounting information and its use in the operation of organizations, as well as methods of analysis and interpretation of accounting information.
Lecture 3 hours. Total 3 hours per week.
3 credits

The course outline below was developed as part of a statewide standardization process.

General Course Purpose

This course is designed to give a student a general understanding of the purpose of accounting, the capacity to perform basic accounting functions, and a working knowledge in financial statement preparation. It is intended for students whose college and career paths require knowledge of the fundamentals of the financial accounting concepts which will lead them to better analyze financial information for small business and corporations.

Course Objectives

Major Topics to be Included

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