Thomas Edison State University | Courses & Schedules
Skip to Main Content

This site provides information using PDF, visit this link to download the Adobe Acrobat Reader DC software.

ACC-101 Principles of Financial Accounting

This course introduces students to key accounting principles used to record real-world business transactions, prepare financial statements, and interpret a company's financial performance. Accounting is often called "the language of business" because it provides external stakeholders such as investors and creditors as well as internal stakeholders such as management with the financial information necessary to make well-informed business decisions. In this course, students learn how to prepare the financial reports that are used by external parties in real-world situations. Key points of study include the accounting cycle, merchandising operations, cash and other financial assets, long-term assets including property and intangibles, current and long-term liabilities, components of stockholders' equity, and the statement of cash flows.

Study Methods:

e-Pack® (ACC-101-EP):
Dec 2022,  Jan 2023,  Feb 2023,  Mar 2023,  Apr 2023,  May 2023,  Jun 2023
Guided Study (ACC-101-GS):
Dec 2022,  Jan 2023,  Feb 2023,  Mar 2023,  Apr 2023,  May 2023,  Jun 2023
Online Courses (ACC-101-OL):
Dec 2022,  Jan 2023,  Feb 2023,  Mar 2023,  Apr 2023,  May 2023,  Jun 2023
TECEP® Examination (ACC-101-TE):
Dec 2022,  Jan 2023,  Feb 2023,  Mar 2023,  Apr 2023,  May 2023,  Jun 2023

Credits: 3

Preview the Online Syllabus new window
(Please visit the University bookstore to view the correct materials for each course by semester as the contents of the actual online syllabus may differ from the preview due to updates or revisions)