![ECON 397 - Spec Topics: Government and Business ECON 397 - Spec Topics: Government and Business](https://www.fmarion.edu/wp-content/plugins/cm-course-catalog-pro/frontend/assets/img/default-course-200-200.png)
Prerequisites/Corequisites: Take ACTG-201; Minimum grade C. (Required, Previous).
Credit Hours: Min: 3; Max:
Description: Reviews the accounting cycle, discusses the conceptual framework as a basis for accounting theory, and provides an in-depth study of GAAP in relation to preparation of financial statements. Topics include the time value of money and accounting for current (and non-current) assets.