| Course | ACCT 211 Financial Principles (ACCT211) |
|---|---|
| Credit hours | 3 |
| Program | BS in Accounting |
| Length | 8 Module/Weeks, online |
| Weeks with written work | 1 of 8 |
| Samples on this site | 1 week sample paper |
| Sources | Liberty's 2026-2027 catalog and the published ACCT 211 course guide |
| Updated | October 2026 |
What ACCT 211 covers
Wild's Financial Accounting Fundamentals is the course text, read one to three chapters a module/week with a presentation and a Connect homework set of exercises, problems and adaptive reading activities.
Four cumulative exams in Connect test all material to date. The individual learning project, due in the final module/week with the last exam, gives students a problem in Connect for which they prepare and submit financial statements.
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.
ACCT 211 week by week, with the sample for each
| Week | Written work in the course guide | Points | Sample |
|---|---|---|---|
| Week 1 | Connect Homework 1 only | No written paper this week | |
| Week 2 | Connect Homework 2 and Exam 1 only | No written paper this week | |
| Week 3 | Connect Homework 3 only | No written paper this week | |
| Week 4 | Connect Homework 4 and Exam 2 only | No written paper this week | |
| Week 5 | Connect Homework 5 only | No written paper this week | |
| Week 6 | Connect Homework 6 and Exam 3 only | No written paper this week | |
| Week 7 | Connect Homework 7 only | No written paper this week | |
| Week 8 | Individual Learning Project (Exam 4 also due) | 110 | Read the Week 8 sample |
Where ACCT 211 papers lose points
Points slip in ACCT 211 when adjusting entries are skipped before statements are prepared, when net income is not carried into retained earnings, when contra accounts such as accumulated depreciation are added instead of subtracted and when the balance sheet is submitted without checking that it balances.
Using a ACCT 211 sample well
The sample works through one complete set of statements in the order the course teaches them, income statement, retained earnings and balance sheet, then reads them with a few ratios. Use the same order and checks with the problem your Connect assignment provides. Because the exams are cumulative, the project doubles as a review: every adjusting entry, classification rule and statement link it uses has appeared in earlier chapters, so working it carefully prepares you for the final exam due the same week. Keep a short list of the errors Connect flags in your homework during the term, since the same mistakes, such as adding a contra account or forgetting an accrual, tend to reappear in the final project.
ACCT 211 questions, answered
What textbook does ACCT 211 use?
Wild's Financial Accounting Fundamentals, which covers the accounting cycle, merchandising, inventories, receivables, long-term assets, liabilities, equity, cash flows and statement analysis.
How is ACCT 211 graded?
Mostly through Connect: weekly homework sets and four cumulative exams, plus an individual learning project in which students prepare financial statements for a provided problem.
What is the ACCT 211 individual learning project?
A final-week assignment in which students solve a problem provided in Connect by preparing and submitting the company's financial statements.
Ask for a custom ACCT 211 sample
Request a ACCT 211 sample · All courses · How the library works