ACT 205 - Fundamentals of Accounting

  • 3 credits

Our central objective is an understanding of the role of financial accounting information in business. Students will be able to:
• Identify how the economic events that occur throughout the business cycle of an organization are reflected in financial statements.
• Apply financial accounting measurement and recording techniques.
• Define basic accounting terms and prepare financial statements
• Analyze basic financial statements
• Identify information used by investors and business managers to make business decisions.
Through achieving these learning objectives, students will be prepared to integrate basic accounting knowledge into other areas of business and into more advanced accounting topics.

This course consists of 12 chapters to reinforce understanding of the concepts. Assignments throughout the class will help students understand topics and apply the principles of accounting.


For nonbusiness majors. Credit not allowed for both ACT 205 and ACT 210.

Important Information

A printed copy of the textbook is required and a WileyPlus access code is required for homework.

Textbooks and Materials

Textbooks and materials can be purchased at the CSU Bookstore unless otherwise indicated.


  • Financial Accounting, Making the Connection, 4th Ed.
    Spiceland, Thomas & Herrmann (Textbook publisher McGraw-Hill)
    ISBN: 9781259307959


Account Footer, A - Redesign - Footer - Landing