An introduction of accounting including concepts, systems, the accounting cycle, recording and reporting of business transactions; income measurement and asset evaluation; sole proprietorship through corporation accounting; analysis and use of financial statements.  Three class hours per week. Credit: Three semester hours.
 

A continuation of 2301. Introduction to managerial and cost accounting. Use of budgets, cost accumulation and control techniques and methods of measuring performance.  Prerequisite: ACCT 2301. Three class hours per week. Credit: Three semester hours.