Description
GBUS 2304 ? PRINCIPLES OF ACCOUNTING II (Spring semester, 3 hrs.) A continuation of GBUS 2303. This course will continue discussion of basic terminology, concepts, and procedures of accounting. Emphasis will be placed on accounting for partnerships and corporations. Other topics include cash flow statements, financial statement analysis, managerial accounting concepts, cost accounting, budgeting, and introduction to personal income taxation. Laboratory problems and practice sets will be used to apply theory presented in daily lectures.