0 or 3 credits
Fall 2025 Lecture Distance Learning Core Transfer LibraryLower Division
The objectives of the course are to help students: (1) understand what is in financial statements and what the statements say about a business, (2) identify the business activities that caused the amounts that appear in the statements, and (3) understand how, when, and at what amount the effects of manager and employee actions will appear in the statements. CTL:IPO 1801 Accounting I
Learning Outcomes1Gain an understanding of accounting terminology, principles and concepts.
2Learn how business events and transactions are reported in financial statements.
3Prepare basic financial statements for a business.
4Analyze financial statements to assess the performance and risk of a business.
5Learn how financial information is utilized in the decision-making process.
Prerequisites
made by Purdue students.