Jun 16, 2024  
2021-2022 UMaine Undergraduate Catalog 
2021-2022 UMaine Undergraduate Catalog [ARCHIVED CATALOG]

ACC 400 - Introduction to Accounting

An accelerated course, students will understand the elements of the accounting system - assets, liabilities, equity, revenues, expenses and dividends.  Emphasis is on acquiring familiarity with the double-entry system and gaining an understanding of the purposes and uses of the information found within the income statement, balance sheet, statement of stockholder’s equity and the statement of cash flows.  It includes concepts of cost, cost systems and budgeting.

Prerequisites: Pre-MBA students only, permission of the Director of the MBA Program.

Course Typically Offered: Summer

Credits: 3