Preparation and uses of financial statements of business enterprises; the accounting process of recording, classifying, and interpreting business transactions. Conceptual problems analyzed include accounting for inventories, depreciation, and capital stock. Requires a substantial time commitment. Please obtain the textbook before class begins. Textbook: Fundamental Financial Accounting Concepts, by Edmonds, Edmonds, McNair & Olds, 6 ED. McGraw-Hill Irwin ISBN: 978-0-07-352678-2. THE FIRST DAY OF CLASS (January 19, 5 p.m.), IS THE LAST DAY TO ADD THIS COURSE. Part of the Online Bachelor of Business Administration and the Bachelor of Science in Hospitality and Tourism Management online program but is open to all.