CAPE COD COMMUNITY COLLEGE INSTRUCTOR’S COURSE OUTLINE
Prepared by Juanita M. Sweet Email: jsweet@capecod.edu
Course Number and Title: ACC201 – Financial Accounting
1. Official Course Description: Students learn principles of financial accounting with
emphasis on service and merchandising businesses. Topics include: the accounting cycle,
recording transactions, adjusting accounts and preparing financial statements, inventory
valuation, depreciation methods, disposal of assets, receivables, liabilities, investments,
and interpreting financial statements of proprietorships, partnerships and corporations.
This is a transfer level course in Financial Accounting intended for the Associate of Arts
student. Prerequisite: BUS100-Introduction to Business (Hospitality students may take
HRM140-Introduction to Hospitality Management) and MAT030-Elementary Algebra
and ENL020-College Reading and Study Skills or satisfactory basic skills assessment
scores.
2. Purposes and Aims: To provide students with a working knowledge of basic accounting
principles. For management and other majors, this will serve as a foundation for related
business subjects. Accounting majors will attain a firm foundation for subsequent
accounting course work.
Student Learning Outcomes: See course syllabus attached.
