ac 2503 - financial accounting (3) f, sp, su

the introduction to financial accounting concepts, covering fundamentals of financial statement preparation for partnerships and corporations based on a user’s perspective. a study of the full accounting cycle in accordance with generally accepted accounting principles for the financial reporting of assets, liabilities and equity.

prerequisite: sophomore standing. for students planning on majoring in accounting a “b” or better in ac2503 is required for ac 3503 .