This one year introduction to accounting course is designed to develop basic accounting skills and competencies. Students learn about careers in accounting through guest speakers, class trips to one of the “Big Four” accounting firms in NYC and current events. Students will process transactions through the entire accounting cycle in a service and merchandising business. They will be working on preparing accounts receivable and payroll reports, financial statements for the business and discussing ethics in accounting. Students will also take on auditing and consulting roles while we analyze struggling businesses from watching CNBC's "The Profit". This course is a prerequisite for course #5670 College Corporate Finance.