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Sinclair College

ACC 1210 Introduction to Financial Accounting

An introduction to preparation and use of accounting reports for business entities; focus on uses of accounting for external reporting, emphasizing accounting as a provider of financial information. Traditional testing (proctored or in Testing Center) is used in all online sections.

Prerequisites: MAT 0050 and DEV 0035

Course Outcomes
  • Describe the broad role that accounting information plays in the economy.
  • Evaluate the financial performance of a simple corporation on the basis of its financial statements.
  • Construct basic financial statements for a simple corporate business entity.
  • Analyze the impact of basic business transactions on the financial statements of a corporation.
  • Explain the accounting impact of general business practices and processes.
  • Use the language of accounting and describe the important concepts on which financial reporting is based.
Credit Hours: 3
  • Classroom: 3 hours
  • Division: Business and Public Services
  • Department: Accounting
  • Repeatable Credit: No
  • Offered Online: Yes