Intermediate Accounting II

Catalog description

This course entails a continuation of the study of technical financial accounting and reporting which was initiated in Intermediate Accounting I. Follow up inquiry is made on the topics of the underlying concepts of financial accounting and on the following subjects: liabilities, stockholders’ equity, securities’ investments, and revenue recognition. Accounting for income taxes, retirement plans and leases are evaluated, along with revisiting the analysis of accounting errors and disclosure. Prerequisite: ACC 3031