Principles of Accounting 1

About This Course

Mr. Tracy Foster

Mr. Tracy Foster

“In this course, you will learn the language of business: Accounting. Similar to a language class, you will learn to read and understand financial statements and what goes into making them. We will also examine the financial impact of business decisions from a biblical perceptive to help you prepare to be an effective Christian business leader.”

Course Details

Code / Name: BUAC 241 – Principles of Accounting 1    (4 credits)

Accounting 1Description: A study of the fundamental accounting procedures using journals, ledgers, and financial statements to complete the accounting cycle. Emphasis is on the sole proprietorship form of business organization in both service and merchandising enterprises. Accounting concepts are examined for presentation of financial statements in accordance with generally accepted accounting principles.

Prerequisite(s): BUMG 112 and BUMI 161, or consent of the instructor

Required Text(s): Please use the online campus bookstore to locate required textbooks for the course. Make sure that you search using the correct course code and look for the course with the “OL” suffix in the drop-down list. (See Textbook Ordering Help.)