BAC 481 Financial Accounting and Reporting I (FAR I)

This course provides an extensive review of generally accepted accounting principles for both business and non-business entities. The topics covered include: Balance Sheet, Income Statement, Statement of Cash Flows, Statement of Retained Earnings, bonds, and leases. These concepts, along with the concepts covered in BAC 482, correspond with the topics tested in the Financial Accounting and Reporting (FAR) section of the CPA Exam.