AC 210 - Financial Accounting

Interactivity: None

Final Assessment: Non-Proctored Final Exam

Course Learning Objectives
Upon completion of this course, you should be able to do the following:

• Understand what information is being presented by the income statement and balance sheet. 
• Describe the monthly accounting cycle, its adjustments, and its results. 
• Define what is meant by “profit” and “loss” and how they may be influenced by the choice of accounting methods. 
• Describe the effect economic stimulus and taxation policies (at the federal level) have on accounting choices. 
• Read and understand the annual report of a corporation.