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Apr 20, 2024
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BUS 1150 - Professional Financial Literacy Credits: 3
This course addresses financing, accounting, and money management techniques necessary for successful business practices and includes an emphasis on personal application. Principles of money management include establishing financial goals and objectives; developing and monitoring budgets; managing cash flow; recording deposits and withdrawals; and implementing procedures for managing debt. Financing topics include managing and controlling money and assets to successfully carry out business activities, determining risks associated with obtaining business credit, and identifying sources of financial assistance. Students will learn accounting principles including implementing accounting procedures and financial reports; preparing an estimated/projected income statement, estimating cash-flow needs; preparing an estimated/projected balance sheet; determining and depositing payroll taxes; and filing tax returns.
Prerequisites:
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