Principles of Finance and Accounting introduces students to a wide range of accounting and finance concepts and skills, focusing predominantly on the accounting cycle, financial statements, and short- and long-term financial management. The course provides core content applicable to all businesses and enables students to acquire a basic, practical understanding of accounting and finance.
Goals
The broad goals of the Principles of Accounting and Finance course are to accomplish the following:
Reinforce academic skills in such areas as communication, reading, and writing
Encourage creative thought, problem solving, and decision making
Enable students to understand and appreciate the significance of accounting, finance, and financial management to business organizations
Stimulate student interest in careers in accounting and finance
Increase student awareness of the increasingly complex business world
Assist students in developing appropriate attitudes about business
Encourage the use of technology in classroom projects
Facilitate student understanding of key accounting and financial concepts
Assist students with enhancing their teamwork skills
Stimulate reflection on processes, performance, and outcomes