ACC* 272: Intermediate Accounting II

3 Credits
This course provides an in-depth study of financial accounting with emphasis on balance sheet valuations and their relationship to income determination. Review of the accounting cycle and analytical concepts: historical development of current financial reporting, FASB’s conceptual framework, Generally Accepted Accounting Principles (GAAP), preparation of primary financial statements, measurement, recognition, and reporting of assets is included.
Prerequisites: Completion of ENG* 101, ACC* 115, and in either ACC* 117 or ACC* 118
Offered: Spring