ACT 230 - Fundamentals of Financial Accounting

Offered Fall: Yes Offered Winter: Yes Offered Summer: Yes Offered Other: No

4 Credits
Hours (Lecture - Discussion - Lab): 4-0-0
Prerequisites: MA 100 or mathematics placement score of MA 111 or higher.

ACT 230 is designed to introduce financial accounting. This course will cover the steps of the accounting cycle and related basic financial statements, discuss accounting for assets, liabilities, and owner’s equity, explore processes for mitigating fraud through internal controls, and review various other topics intended to further your knowledge within the realm of financial accounting.