Course Description
Students take a top-down approach to understanding introductory accounting documents and procedures by exploring a business's financial statements, including the balance sheet, income statement, and cash flow statement in this course. Students explore the practical uses for information that can be gleaned from these statements, individually and as a whole, through a detailed examination of the properties and characteristics of each statement. Students engage in application assignments and discussions on a variety of topics, such as regulations that should be followed when preparing financial statements as promulgated by generally accepted accounting principles (GAAP). Students examine the U.S. use of GAAP in comparison to the use of International Financial Reporting Standards. (Prerequisite(s): BUSI 1002 AND MATH 1030 or MATH 1040.)Applications for each non-degree, credit-bearing, course are reviewed by Walden University’s Admissions Office. Therefore, only a single credit-bearing Walden course can be purchased at a time until an admission decision is rendered (usually within 2 business days). If you have any questions, please contact an enrollment specialist at 855-621-4892.
