ACC 201

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Principles of Financial Accounting

Accountancy Marriott School of Business

Course Description

First course in concepts and methods underlying financial statements.

When Taught

Contact Department

Min

3

Fixed/Max

3

Fixed

3

Fixed

1

Note

Offered by BYU Independent Study; enroll anytime throughout the year; one year to complete; additional tuition required; register at is.byu.edu.

Title

Internal Accounting Tools

Learning Outcome

Construct and use internal accounting tools such as budgets, product cost reports, breakeven analysis, and non-routine decision analyses.

Title

Financial Statements

Learning Outcome

Construct and interpret a balance sheet and income statement.

Title

Managing Workloads

Learning Outcome

Manage workload in a self-paced learning environment.

Title

Ethical Dimensions of Business Problems

Learning Outcome

Intelligently discuss the ethical dimensions of a variety of accounting-related business problems.

Title

Computer-Aided Tools

Learning Outcome

Use computer-aided learning tools and online learning resources.

Title

Financial Accounting Rules

Learning Outcome

Apply the financial accounting rules that exist in the following areas: revenue recognition, inventory, compensation, long-term assets, bonds, and leases.

Title

Analyzing Transactions

Learning Outcome

Analyze transactions, record those transactions, and then use the accounting cycle to generate accounting reports.