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ACCT 221 Principles of Accounting II

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Before you want to proceed to the 2nd course, you should be aware of the first course and get all the concepts clear. In this financial accounting along with managerial accounting are made to learn to the students.

The focus of the topic is given to the identification and analyzing of the business transactions, identification of the interdependence of the financial statements, defining the feature of the business entity, employing managerial accounting techniques, and communicating this generated information further to the useful users of it.

In Financial Accounting, topics are business entities, equities, liabilities, investments. In Managerial accounting, topics are budgets, cost-volume-profit analysis and process costing and job order.

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