Intermediate Accounting II

Catalog description

This second course in the Intermediate Accounting series continues coverage of financial reporting for business enterprises under GAAP. Topics covered include accounting for intangible assets, current and long-term liabilities, stockholders’ equity, investments, income taxes, pensions and postretirement benefits, leases, revenue recognition, dilutive securities, and earnings per share. Supplementary material sensitizes students to environmental, social, and governance reporting (ESG) issues, current developments in the accounting field, as well as ethical dilemmas encountered by practicing accountants. A term project requires students to critically analyze the financial and ESG reports of a publicly-traded company. Prerequisite: ACCT 301 .