Accounting is an essential skill that applies to any industry or career. This course offers an introduction to the fundamental goal of any business--value creation--and explores managerial accounting, which helps managers achieve this goal. Additionally, the course introduces financial accounting, focusing on how basic financial statements are prepared and the insights they provide about a business's financial performance. Finally, students will learn how to interpret and analyze financial statements to make informed decisions. This course serves as excellent preparation for more advanced introductory accounting classes, such as BMGT220 Principles of Accounting I.