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
The content of the course is designed to provide students with a
firm understanding of the financial accounting process, and to
include identifying, recording and communicating accounting
information to external users. The course will discuss Generally
Accepted Accounting Principles (GAAP) and explain how their
framework fosters the relevance and reliability of financial
statements. Students can expect an introduction to the techniques
of accounting and the accounting profession with an emphasis on
organizing information for decision making and the information
needs of creditors and equity holders. Topics include financial
statements, transaction analysis, accrual accounting, cash
management, inventories, receivables, long-term and intangible
assets, liabilities, stockholders' equity, cash flow statements,
and financial statement analysis.
This course is conducted completely online. A technology fee will
be added to tuition.
