Introduction to Accounting

Course Number: BA 111
Transcript Title: Introduction to Accounting
Created: September 1, 2012
Updated: June 6, 2016
Total Credits: 3
Lecture Hours: 30
Lecture / Lab Hours: 0
Lab Hours: 0
Satisfies Cultural Literacy requirement: No
Satisfies General Education requirement: No
Grading options: A-F (default), P-NP, audit
Repeats available for credit: 0


WR 115, RD 115 and MTH 20 or equivalent placement test scores

Course Description

Presents double-entry accounting as related to service and merchandising business. Covers accounting cycle, including journalizing, posting to the general ledger, preparation of financial statements, petty cash, bank reconciliations, combined journal, special journals and payroll. Prerequisites: WR 115, RD 115, and MTH 20 or equivalent placement test scores. Audit available.

Intended Outcomes

Upon successful completion of BA 111, the student will be able to:

  1. Explain the conceptual foundation of the double-entry accounting model.
  2. Comprehend the basic steps in the accounting cycle.
  3. Apply knowledge of accounting procedures to rudimentary financial record-keeping requirements of a business.
  4. Communicate effectively using basic accounting terminology.

Outcome Assessment Strategies

Written examinations which demonstrate the ability to do accounting procedures as well as understand accounting principles and concepts. Problem assignments which demonstrate the application of appropriate accounting procedures.

Course Activities and Design

Course activities can include: lecture, discussion, demonstrations, online lessons, in class activities, outside readings, written assignments, research projects, group project, guest lecturers/speakers, panel discussions, or other activities as selected by the instructor.

Course Content (Themes, Concepts, Issues and Skills)


  • Definition of accounting
  • Fundamental accounting equation
  • Accounting elements
  • Transaction analysis
  • Double-entry accounting and debits and credits
  • Journals and ledgers
  • Accounting Cycle
  • Worksheet
  • Adjustments
  • Financial statements
  • Closing entries
  • Cash basis and modified cash basis accounting
  • Petty cash funds
  • Bank reconciliations
  • Payroll Accounting
  • Merchandising transactions
  • Subsidiary ledgers
  • Special journals

Competencies & Skills

  • Apply the double-entry accounting model to the analysis and recording of common business transactions using a manual system of journals and ledger accounts.
  • Perform the steps in the accounting cycle to include the preparation of: worksheets, adjustments, financial statements, closing entries and trial balances.
  • Prepare bank reconciliations and related journal entries.
  • Apply payroll procedures to include the calculation and recording of employee earnings and payroll taxes.

Department Notes

This is an introductory course targeted at students that have had no prior accounting. The emphasis is on the analytical skills and procedures needed by business and accounting students, as well as those with financial record-keeping responsibilities in their current job.

An understanding of accounting is necessary to examine the performance and financial health of business. For this reason, accounting is often referred to as the "language of business". This course is the ideal way for students to acquire a valuable skill as well as begin to develop an appreciation of the role of accounting in the assessment and management of a business. It is recommended as a preliminary course both for students interested in business generally, and for those planning a career in accounting.