Schedule
Mon-Wed-Fri, 11:15 AM - 12:05 PM (1/9/2023 - 5/5/2023) Location: MAIN 1 316
Fri, 10:15 AM - 12:15 PM (5/5/2023 - 5/5/2023) Location: MAIN 1 316
Description
Prerequisite: ACC 201
A further development of financial accounting concepts, principles, and procedures used in the preparation and analysis of financial statements. The primary objective of the intermediate accounting sequence is to continue developing an understanding of generally accepted accounting principles (GAAP) to properly account for, analyze, and present financial information to external users. The course will provide students with the tools to understand what GAAP is and how it is applied in practice. Topics include accounting for corporate items and various liabilities.