Accounting

Course Description

BA 205 introduces students to the discipline of accounting through an introduction to two of accounting's sub-disciplines, financial and managerial accounting. The more specific purpose is to provide non-business students with a basic understanding of the role of financial and managerial accounting information in the decisions of capital market participants external to a business enterprise (e.g., stockholders, banks, financial analysts, prospective stockholders), and in the decisions of those who manage business enterprises. The first portion of the class will cover introductory concepts of financial accounting, including developing an understanding of foundational accounting concepts, business transactions, basic financial statements, and financial statement analysis. The second portion of the course will expose students to introductory content in managerial accounting. This includes covering the concepts of managerial cost, short term and long-term decision making, and time value of money. This course is intended for non-business major students.

Code

BA 205

Credits

3

Subject

BA

Programs That Include This Course

• Undergraduate Certificate Undergraduate Certificate in Smeal College Business Fundamentals