Intermediate Accounting 2

Catalog description

In this course students explore the preparation and understanding of financial information, accounting theory and practice and the conceptual framework of United States Generally Accepted Accounting Principles (U.S. GAAP). Students focus on the recognition of economic transactions in preparation of the financial statements and related disclosures as they pertain to current and long-term liabilities, investments, stockholder’s equity, the statement of cash flows, pensions, leases, income taxes, revenue recognition and accounting changes.