This course deals with financial accounting practice and theory, including generally accepted accounting principles (GAAP), the conceptual framework, accounting information systems, including financial statement reporting and disclosures, the time value of money, cash controls, accounting and reporting for cash, receivables, inventories and long-term assets.
Prerequisites: ACG 2021 and ACG 2071.
Terms Typically Offered:Fall, Spring, Summer
Textbook information will be available online for each term's courses 45 days prior to the first day of classes
for the term.
The courses in this catalog are identified by prefixes and numbers that were assigned by Florida's Statewide
Course Numbering System, a system used by all public postsecondary institutions in Florida and 32 non-public
institutions. Seminole State controls the description, credit and content of its own courses.