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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Coopersmith Career Consulting | Evaluated Learning Experience

Business Fundamentals of Accounting and Finance (ACC-105)


Varies (self-study; self-paced).

Various; distance learning format.

March 2022 - Present.

Instructional delivery format: 
Online/distance learning
Learner Outcomes: 

Upon completion of this course, students will be able to: articulate the theory of supply and demand and its effects on the marketplace; explain the important of gross domestic product in measuring national economies and determining economic policy; record various inputs to financial spreadsheets and balance sheets, including debits, credits and balances; use accrual and cash basis principles to complete and adjust balance sheets and other financial statements; analyze financial statements and company performance from financial statements; and compute interest rates, future and present values and payments using Excel or a similar spreadsheet program.


Business Fundamentals of Accounting and Finance (ACC-105) provides a survey of the basic principles of many areas related to accounting and finance related to business and business decision-making. The course covers the basic tenets of economics, such as supply and demand and gross domestic product, basics of accounting, including balance sheets, financial statements and various types of assets and debts; basics of finance, including the time value of money and the basics of stocks and bonds. The course is designed to familiarize students with the underlying principles of these basic principles to facilitate further study in these areas.

Credit recommendation: 

In the lower division baccalaureate/associate degree category, 3 semester hours in Accounting, Business, or Introduction to Business (2/22).