Financial Accounting II

The course Financial Accounting 11 is designed to build on knowledge students acquired in financial Accounting 1. It outlines accounting practices and standards to be utilized in operating partnerships, company accounts and start-up businesses, where the proprietor may have limited accounting knowledge. It delves deeply into the use of financial statements in business organizations. The course uses real world examples which are consistent with the topics, to give students a broad understanding of the different areas. It guides students in using financial accounting information in business environments and how to effectively use accounting concepts and principles to make economic decisions for profit and non-profit institutions.