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ACC 205 Financial Accounting

  • Average Course Rating (from 4 Students)

    4.8/5
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    • 4 Advice
    • 5
      75%
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      25%
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    • 1
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  • Course Difficulty Rating

    • Easy 25%

    • Medium 50%

    • Hard 25%

  • Top Course Tags

    Many Small Assignments

    Great Intro to the Subject

    Go to Office Hours

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    • Profile picture
    Aug 29, 2017
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Its pretty basic and its easy. The homework is simple and he goes over the work needed very slowly

    Course highlights:

    Little homework and a little reading. There is a lot of reading asked of you to do but not necessary.

    Hours per week:

    6-8 hours

    Advice for students:

    skim read the chapters and do the homework and that is it.

    • Fall 2017
    • CHRISTENSEN
    • Yes
    • Profile picture
    Jan 19, 2017
    | Would highly recommend.

    Pretty easy, overall.

    Course Overview:

    Really nice teacher and pretty easy class

    Course highlights:

    Our first accounting project, it seemed hard at first but after working on it for a while it was pretty interesting

    Hours per week:

    3-5 hours

    Advice for students:

    As long as you do all your homework you'll be fine.

    • Spring 2016
    • Fred Christensen
    • Yes
    • Many Small Assignments
    • Profile picture
    Jan 12, 2017
    | Would recommend.

    This class was tough.

    Course Overview:

    Financial accounting is a hard class, but if you do have to take it, I highly recommend that you take Professor Fred Christensen! He is very helpful, makes it easier to learn and wants to see students succeed! Accounting is a very useful skill, so even if you aren't required to take it for your major, it may be worth taking it as an elective. There are definitely real-life applications for this course.

    Course highlights:

    In this course, you will learn how to compile financial statements such as the balance sheet, statement of cash flows, and income statement. You will learn how to record journal entries, balance the books, and handle debits and credits as well as accruals and deferrals. The highlight of the course was probably the accounting project in which we recorded transactions for a firm. Though it was a lot of work, I learned so much and it really cemented the concepts for me! If you work hard on the accounting double entry project, you will do well on the final. It's all about getting the material conceptually.

    Hours per week:

    3-5 hours

    Advice for students:

    Even if you're the ultimate hacker, you just have to buckle down and do the work on this course. Do NOT, I repeat, do NOT just give up on something you don't understand. The material builds on itself. If you don't clearly understand previous concepts learned, you will have difficulties later on. If you are having trouble, talk to the GAs in the accounting room or talk to the professor. Both were very helpful. Next, one good thing to know is that you don't actually have to go to class. It's not mandatory, but you should go if you're struggling with a topic. Otherwise, so long as I understood the material, I got by just reading the text and doing the practice questions before tests on MyLab. On the double entry project, get on a team so you aren't doing all the work yourself! Then, when you've finished the project, go through it with the GA and ask them to check all your numbers. If you have stuff wrong, they will tell you and will help you work it out. If you work with the GA and put in the effort, there is no reason you can't get 100% on the double entry project. Lastly, don't cheat. Don't exchange projects with other students not on your team. Don't do the homework with other people. Don't look stuff up all the time on the tests. It will only come back to punish you in the end. YOU NEED TO KNOW THE CONCEPTS. I got an A+ in the class and you can too if you just put in the effort!

    • Fall 2016
    • Fred Christensen
    • Yes
    • Great Intro to the Subject Go to Office Hours Many Small Assignments


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