BAC 131 Introduction to Financial Accounting

In the accounting series BAC 131 and BAC 132 students learn how to use accounting techniques to measure the performance of a business and how to make decisions based on that information. The first course focuses on the preparation of key accounting products like balance sheets, income statements, cash flow statements, and more. The second course focuses on analyzing those financial statements for the purpose of making better business decisions and provides more accounting tools for decision makers to use.

BAC-131 Introduction to Financial Accounting

Credit Hours: 
4.00
Course Description: 
Introduces basic financial accounting principles including the accounting cycle; merchandise accounting; income, asset, and liability measurements; and preparation and evaluation of financial statements.
Prerequisites: 
ENG-131 eligible AND (BMA-110 with a C grade or better OR eligible to take gateway MATH courses at HFC, OR satisfactory score on the math placement exam).