SPS accounting courses may be taken in preparation for the CPA examination. Students who wish to sit for the CPA examination should see www.illinois-cpa-exam.com for current requirements. Accounting courses carry business credit, and may not be audited.
ACCOUNT 201-DL : Introduction to Financial Accounting
Description
Introduction to Financial Accounting covers the foundational
concepts of accounting and the fundamental basics of financial
statements, allowing students to identify, measure, and record
accounting information, as well as communicate that information to
external users. Specific topics will include the accounting cycle,
accrual accounting, receivables, inventory and cost of goods sold,
depreciation, debt vs. equity financing, and stockholders' equity.
By the end of this course, students will be proficient in preparing
financial statements and applying key ratios to analyze specific
financial information. Students will join group discussions,
complete online homework assignments and individual projects, and
complete online examinations.
This course is conducted completely online. A technology fee will
be added to tuition.
