ACCT 101 - Financial Accounting Syllabus

Course Syllabus:  Accounting 101

Meet Your Instructor:

  Stephen Erlandson, MBA, CMA, CFE

Course Description:  The study of accounting as an information system, examining why it is important, and how it is used by investors and creditors to make decisions. Coverage includes the accounting information system and the recording and reporting of business transactions with a focus on the accounting cycle, the application of generally accepted accounting principles, the classified financial statements, and statement analysis. It also includes issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics.

Textbook Information:  Financial Accounting, 4th Edition, Spiceland/Thomas/Herrmann

Additional Course Information:  [Enter any additional Course Information]
Course Learning Objectives:  [Enter Course Learning Objectives]

Student Learning Objectives:

1. Students will be able to record transactions, make adjustments & close the accounting cycle.
2. Student will be able to prepare GAAP based financial statements.