Campus
Canton
34 Cornell Drive Canton, NY 13617-1098
Record Status
Active
SUNY Transfer Paths
Canton has listed this a core course in the following categories:
The core course can be applied to following SUNY Transfer Paths:
ACCT 101
FOUNDATIONS OF FINANCIAL ACCT
This course builds the underlying framework of financial accounting and serves as an introduction to accounting concepts and financial reporting. Students will learn how to record business transactions in an accounting system, interpret financial statements, and communicate information for economic decision-making. Topics include accounting for sole proprietorships, partnerships, and corporations. A concentrated emphasis is placed on the accounting cycle, accruals and deferrals, notes and interest, and internal controls.