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, shutdown point, achieving target profit levels, and evaluation of decentralized operations.

3 credits

Prerequisites: Computer Applications, Elements of Algebra, or successful placement into College Algebra