Explores accounting theory and practice, and how accounting interrelates with other important business operations such as payroll, budget, and finance. Learning Outcomes: Prepare financial statements according to Generally Accepted Accounting Principles (GAAP). Evaluate business decisions given the legal and economic framework in which business functions. Analyze financial statements. Prepare final reports summarizing planning and control activities. Demonstrate effective written, verbal, and nonverbal communication in the business environment. Demonstrate industry-standard computer skills.