Nov 22, 2024
OHIO University Undergraduate Catalog 2024-25
ACCT 1000 - Financial Accounting for Entrepreneurs
An introductory course in accounting which will include recording, reporting and measuring business transactions, income, assets, liabilities and equities. The course will focus on using accounting information for strategic planning and decision-making in business organizations. Topics covered include preparation and analysis of financial statements, budgeting, break-even analysis, and time value of money.
Requisites: Tier I Quantitative Skills
Credit Hours: 3
Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes:
- Students will learn about financial statement analysis, budgeting, breakeven analysis and the time value of money.
- Students will learn how to create financial statements.
- Students will learn how to record business income, expenses, assets, liabilities, and equities.
- Students will learn how to record, report and measure business transactions.
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