Bluefield State University

An introduction to financial accounting for external decision making. Topics include: basic financial statements (income, balance sheet, cash flows), mechanics of accounting in the accounting cycle, revenue recognition and cash collection, expense recognition and cash disbursements, investing in property, plant and equipment and intangible assets, depreciation and cost recovery methods, employee compensation, inventory reporting, valuation and cost of goods sold, and stock and equity financing and reporting issues.

A study of the physical and operational characteristics of direct current motors and generators; stepper motors; transformers; single-phase and polyphase induction motors. Introduction and applications of variable frequency drives will be presented. Laboratory experiments are used to demonstrate the behavior of the devices under various operating conditions.

Class meets on Google Meets.