ACC 111: Principles of Financial Accounting

online available

In this course, students will explore the accounting cycle and demonstrate how the financial reporting process is impacted by accounting standards. Students will learn how to prepare, read, and understand financial statements. Proper internal controls, which are vital for preparing accurate and reliable financial information, will be explored. The fundamentals of financial statement analysis will also be introduced. The title of this course was previously Principles of Accounting I. Level I Prerequisite: Academic Reading and Writing Levels of 6; Academic Math Level 3 or MTH 125, MTH 125X, MTH 160, or MTH 160X, minimum grade "C"; may enroll concurrently in MTH courses

Level I Prereq: Academic Reading and Writing Levels of 6; Academic Math Level 3 or MTH 125 or MTH 125X OR MTH 160 or MTH 160X, minimum grade "C"; may enroll concurrently in MTH course

Class offerings by semester

  Winter Summer Fall

Even Years
(2022, 2024, 2026)

offered in the daytimeoffered at nighttimeoffered online offered in the daytimeoffered online offered in the daytimeoffered at nighttimeoffered online

Odd Years
(2023, 2025, 2027)

offered in the daytimeoffered at nighttimeoffered online offered in the daytimeoffered online offered in the daytimeoffered at nighttimeoffered online

offered in the daytimeDay Class (before 5 p.m.) offered at nighttimeEvening Class (after 5 p.m.) offered online Online Class
Revised: 3/29/23

Please refer to the course schedule to see the specific time and platform for which the course is offered.

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Check the schedule

Description Hours
Credits 3
Lecture Hours 45
Clinical Hours 0
Lab Hours 0
Other Hours 0
Total Hours 45

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