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    Apr 23, 2025  
American University Catalog 2024-2025 
    
American University Catalog 2024-2025

KSB-210 Fundamentals of Business Ownership (3)


This introductory course provides students with an overview of the foundational elements of business ownership informed by the latest private sector data on workforce trends. The course introduces students to the legal, accounting, and tax considerations associated with operating a business. The course focuses on new and self-employed business owners and targets the development of analytical business judgement necessary for the accurate compilation of financial statements and preparation of tax returns. Students learn how to compile financial records using QuickBooks software and how to satisfy tax reporting requirements using online publicly available resources. AU Core Integrative Requirement: Quantitative Literacy II. Prerequisite: completion of Quantitative Literacy I  requirement.