ACCT211: Financial Principles

11/08/2019 to 04/16/2020 • Modified 02/01/2024

Course Description

In this course, students will not only study the process used to create and produce financial statements for external users through basic transactions but will also perform basic accounting functions through applied learning. Registration Restriction: Residential students are only able to take this course residentially.

For information regarding prerequisites for this course, please refer to the Academic Course Catalog.


This is a foundation course in principles of accounting designed primarily for the accounting or business students as part of an integrated business education, and also useful for any major who wishes to understand the language of business.

Course Assignment

Textbook readings and lecture presentations

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

Read & Interact Assignments

The student will be required to read and interact with the textbook. There are points associated with each of these assignments.

Homework Assignments (25)

The student will be assigned homework to complete in Connect. The homework will consist of exercises, problems, and SmartBook/LearnSmart activities. All assignments for a given module: week are divided into weekly folders inside of the Connect system.

Individual Learning Project Assignment

The student will submit a solution to a problem that will be provided in Connect. For this problem, financial statements will be prepared and submitted within Connect.

Quizzes (4)

There will be 4 cumulative quizzes to be completed through Connect. The questions will be true/false and multiple-choice and will vary in number depending on the quiz. The quiz will cover all of the material covered within the course up to the Module: Week of the quiz.

How Can We Get in Touch?

Request Information

Enter a legal first name
Enter a legal last name
Enter a valid phone number
Select an address from the search above, or use the link below
Grade Level of Interest (select one or more)

By submitting my contact information through this form, I agree that Liberty University (including Liberty University Online Academy) and its affiliates may call me about its offerings and other business matters by any phone number I have provided and may provide in the future, including any wireless number, using automated technology.