This course focuses on the concepts, methods and uses of financial accounting information. It includes an in-depth examination of the accounting theory that is the basis of current accounting practice and how it can be applied to emerging issues; the application of the procedures and practices under Generally Accepted Accounting Principles; and an examination of how financial accounting serves the needs of external decision-makers: investors, creditors and other interested individuals and groups including the public at large. Prerequisites BU227 and BU247 or equivalent, or one credit in financial accounting.
