Provides an introduction to financial accounting and its decision-making elements. Areas covered are the conceptual frameworks of accounting, financial statements and their components, and advance manufacturing environments. Prerequisite: MATH 1030 or higher.

( MATH 1030 OR MATH 1040 )

1)        Describe the role that financial reporting plays in decisions made by investors, creditors, and other users of financial statements.
2)        Explain the presentation of information in each of the four financial statements issued by corporations.
3)        Explain the major concepts and principles underlying the preparation of financial statements.
4)        Indicate how basic operating, financing, and investing transactions affect the balance sheet equation.
5)        Properly use information in the financial statements to make investment and credit decisions.

1. Required Materials


1. Textbooks

Using Financial Accounting Information - 6.Edition - 2010
Gary A. Porter & Curtis L. Norton
Thomson Learning
ISBN: 0538764015

Notes: Bundle package must be purchased.


APA Manual
The APA Manual 5th Edition is a recommended textbook for all courses.
Effective August 1^st 2009, the 6th edition of the APA Manual is recommended for all courses.

NSU Bookstore
Textbooks and Case Studies may be purchased from the NSU Bookstore (located in the University Park Plaza) by calling 1-800-509-2665 or online at http://www.nsubooks.bkstore.com.

The NSU libraries comprise the Alvin Sherman Library, Research, and Information Technology Center, East Campus Branch Library, Health Professions Division Library, Law Library and Technology Center, North Miami Beach Branch Library, University School Library Media Centers, and the William S. Richardson Ocean Science Library. Students are strongly encouraged to visit one of the physical locations and/or take advantage of the vast electronic library available for research. For more information, please visit http://www.nova.edu/library.

Please note that all required and recommended materials should be referenced in APA style.