This course is designed using graduate level materials and CPA review study materials and resources, simulations, and practice exams to prepare students to understand business concepts and prepare for the Business Environment & Concepts exam. This course will cover knowledge of general business environment and business concepts and the underlying reasons for accounting implications of transactions, and the skills needed to apply that knowledge in performing financial statement audit and attestation engagements and other functions normally performed by CPAs that affect the public interest. A (non-refundable) materials fee of $1,400 will be assessed (one time) for any one of the following four CPA courses: ACCTG 377, ACCTG 378, ACCTG 379, ACCTG 380. Prerequisite(s): ACCTG 100B or ACCTG 200B.