Dec 05, 2025  
2007-2008 Undergraduate Catalog 
    
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2007-2008 Undergraduate Catalog [NOTE!!!! THIS IS AN ARCHIVED CATALOG. FOR THE CURRENT CATALOG, GO TO CATALOG.NIU.EDU]

ACCY 206 - Introductory Financial Accounting

Presentation of accounting as an information discipline. Nature of accounting, basic accounting concepts, financial statements, accrual and cash bases, the accounting cycle, data accumulation with manual and electronic data processing systems, monetary assets, current liabilities, inventories, fixed assets, long-term liabilities, and owner’s equity. Not open to students with credit in ACCY 288.

Prerequisites & Notes
PRQ: Cumulative GPA of at least 2.00 and completion of 24 or more semester hours of course work.

Credits: 3