BUS4965 - Principles of Accounting 1: CR (Acc124)

Course Description

This course introduces basic accounting principles and practices for service and/or merchandising types of businesses. Areas include accounting as an information system, the accounting cycle, financial statements, internal control, current and/or long-term assets, current liabilities, and payroll. Special emphasis will be placed upon the practical application of accounting principles.

Learner Outcomes

1. Define Accounting
2. Analyze the effects of business transactions on the financial statements of an organization.
3. Complete the accounting cycle with emphasis on practical application of accounting principles.
4. Identify and apply basic internal control principles and accounting ethics in a business setting.
5. Describe employer payroll reporting and payment responsibilities.

Notes

Online-Scheduled: This class is conducted at the scheduled day and time using online software (via Zoom) and may require participation in additional unscheduled online learning activities. This class is not self-paced. This class does not include in-person proctored exams. This class does not require field work.

This class uses Cengage Mindtap/Cnow2; access code is REQUIRED. EText and Cengage Unlimited options available, please check with KCC Bookstore for options. Students should register access to Mindtap using official hawaii.edu email.

Email the program coordinator (rtnii@hawaii.edu) as needed for additional information and check your hawaii.edu email account regularly for class notifications. To take an online class, you need regular access to a desktop or laptop computer and a reliable Internet connection.