ACC 280 Complete Course,
ACC 280 (Principles of Accounting)

Week 1

Week 1 DQ 1

What are the four basic financial statements? What do the different financial statements

tell you about a company? Which financial statement is the most useful? Why?

Week 1 DQ 2

What types of information is provided to managers in your department and how do managers

in your organization use information presented in financial statements? What is your experience

with financial statements?

If you don’t have experience with the statements, what experience would you like to obtain?

Week 1 DQ 3

What is the debt and credit?

Week 1 DQ 4

Who are the different users of accounting information? What are the differences between

managerial and financial accounting? What is the role of the CPA and how does it differ

from other accountants? What is the value of the accounting function in your organization,

both internally and externally?