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Virginia Tech

ACIS-2116: Principles of Accounting

Description: Introduction to financial and managerial accounting. 2115: Emphasis on the financial accounting cycle. Discusses accounting information uses, fraud, and internal controls. Analysis of financial statement elements: assets, liabilities, stockholders’ equity, revenues, and expenses. 2116: Emphasis on budgeting and accounting information decision-making. Discusses management accounting and cost concepts. Use of job order costing and cost value profit relationships. Use of variable costing and segment reporting. Create external financial reporting documents.

Pathways: N/A

Course Hours: 3 credits

Prerequisites: ACIS-2115

Required By: ACIS-4214, BIT-3414, HTM-3444

Corequisites: N/A

Crosslist: N/A

Repeatability: N/A

Sections Taught: 175

Average GPA: 2.91 (rounds to B)

Strict A Rate (No A-) : 19.13%

Average Withdrawal Rate: 5.66%

Jason P Sharp202043.1%39.6%13.4%1.0%0.7%2.2%3.2431
Pon Adam W Du202128.5%52.4%19.0%0.0%0.0%0.0%3.051
Eric A Martin202424.8%36.9%24.2%5.2%2.1%6.7%2.80114
Eugene S Johnson202065.4%26.9%3.8%0.0%0.0%3.8%3.581
Du Pon Staff Watanabe201922.3%43.6%17.7%5.8%2.4%8.2%2.812
Frank F Galer202331.5%34.7%23.5%2.5%1.8%5.9%2.948
Kevin J Hale201938.0%34.0%19.8%2.2%0.0%6.0%3.113
Rebecca J Wetmiller201924.7%43.5%21.9%2.2%2.1%5.5%2.892
Jennifer H Williams201934.0%33.0%17.0%7.5%0.0%8.5%3.032
Christopher M Sherman201923.7%49.5%20.5%0.0%0.0%6.5%3.002
Matthew A Cobabe202440.2%27.9%27.2%0.9%2.1%1.7%3.004
Jacob L Shortt202444.7%27.3%15.2%7.5%0.8%4.5%3.102
Dana P Garner202411.8%29.4%31.4%15.7%9.8%2.0%2.141
Stacey L Ferris202435.6%29.2%22.7%4.9%1.7%5.9%2.952

Grade Distribution Over Time

1234GPA
Spring 2019Summer II 2019Winter 2019Summer I 2020Winter 2020Summer I 2021Winter 2021Summer I 2022Winter 2022Summer I 2023Winter 2023Fall 2024Term050% W