This course provides students with information and resources needed to understand the creation and implementation of a budget, use of credit and borrowing money responsibly, financial rights and ways to safeguard their money, and factors used to determine their readiness to buy a home or make other major purchases. Information on financial institutions such as banks, credit unions, and savings and loan organizations will also be covered. This course will provide students with basic financial literacy so they can develop sound financial management of their personal income as well as an understanding of the economic events that can influence their financial well being and society as a whole.

Introduction to accounting principles for both accounting and nonaccounting students. Service and merchandising (retail/wholesale) businesses are introduced. Focus is on analyzing and recording of business transactions using the double-entry accounting system.

This course is a continuation of Accounting 1 (NACC-201). Topics covered include accounting principles and procedures related to notes payable and receivable, the valuation of receivables, inventories, fixed assets, partnerships, retained earnings, and the analysis of financial statements. A comprehensive capstone project is completed.