ACC1002 is the second accounting course in a three-course sequence examining how stakeholders use accounting information to support decision-making activities. It continues the study of the financial accounting system, including the time value of money and the impact of financing, investing, and operating activities on a firm's earnings, financial position, and cash flows. The course also introduces managerial accounting systems as essential tools for managerial decision-making and presents various cost concepts, emphasizing that different costs serve different purposes.
Prerequisites
ACC 1001 with a grade of "C" or better
Corequisites
None