Principles of Accounting II - NMU Bulletin

ACT 240 Principles of Accounting II 4 cr.

• Offered: Fall Winter Summer
• Prerequisites: ACT 230.
• Bulletin Year: 2014 - 2015 Undergraduate Bulletin | View the current NMU Catalog.

Further study of financial accounting including owners’ equity, income tax accounting, changes in financial position statements and statement analysis/interpretation. Managerial accounting is introduced: cost accounting systems, responsibilities accounting, budgeting concepts, cost-volume-profit analysis and capital budgeting are covered.