An accelerated version of the core accounting course (430), intended for students with recent exposure to accounting principles. In contrast to 430, this course assumes students already have a working knowledge of the journal entry process. The course explores the principles of financial accounting and the structure and meaning of financial statements and footnote disclosures. The additional time made available by not covering the journal entry process allows for an in-depth study of many financial reporting issues, and for extra coverage of current financial accounting topics.