[BUS 201] Introductory Accounting

Introduction

Welcome to BUS 201, the first course in financial accounting. In a typical class there will be business majors and accounting majors.

There are certain expectations for students in this class. This course is highly structured and has a timetable of events. Once a student gets behind, it is difficult to catch up.

It is very important to understand the first unit of the course. This is the foundation for the whole course. Learning accounting is just like building a structure. If the foundation is poor, the whole structure will be poor.

It is important to communicate with the instructor on a regular basis. This allows students to ask questions and clarify issues. Group members need to "talk" with each other for the projects to be successful.

Description

UW Colleges Catalog Course Description for BUS 201: Introductory Accounting - 4 credits. Fundamental principles, terminology, techniques and applications; books, accounts and financial statements for retailing and wholesaling concerns; treatments and presentation of proprietorship, partnership and corporate accounts. This course fulfills the UWC requirement for Application and Performance (AP).

Prerequisites: Open to second semester freshmen or consent of instructor.

Proficiencies

Institutional proficiencies assigned to this course

Successful completion of this course will enhance students' ability to

  • select and apply scientific or other appropriate methodologies;
  • solve quantitative and mathematical problems.

Requirements

This is a time-intensive course with homework assignments due weekly throughout the semester. Students will need to be able to devote at least 12 hours per week for working on this course. During the summer session, the amount of time required will be double (at least 24 hours per week).

About the Instructors

  • Bruce Duckworth
    Associate Professor, Business
    BS, Colorado State University
    MBA, University of Minnesota
  • Sid Konell
    Associate Professor, Business-Economics
    BS, UW - Green Bay
    BS, Michigan Technological University
    MBA, UW - Oshkosh
    ABD, Louisiana State University