MFTC 209 - Accounting

This course explores the fundamental concepts of accounting from a user’s perspective. As such, it provides an overview of key topics in both financial and managerial accounting. It stresses the use of accounting reports by managers, investors, creditors, and other business stakeholders. Subject to adjustment to accommodate the learning requirements of the class, topics covered include financial statements, the accounting cycle, accounting for merchandising operations, cost behaviors, break-even analysis, shut-down point, achieving target profit levels, and evaluation of decentralized operations.
3 credits
Prerequisite: MFTC 119; MFTC 097 or MFTC 099 or placement into MFTC 114