ACCT 3312INTERMEDIATE ACCOUNTING II

Catalog

The course is a continuation of financial reporting concepts with emphasis on the recognition and valuation of long-term assets, liabilities, and stockholder's equity and the calculation of basic and diluted earnings per share. In addition, the valuation, classification, and presentation of pensions, leases, and income taxes is covered. Treatment of accounting changes and errors are examined in further detail, and the reporting of complex transactions on the statement of cash flows is reviewed. Prerequisite: ACCT 3311 with a minimum grade of C.