Accounting II

Catalog description

Students learn the fundamental principles of accounting in this course, the second of three accounting courses covering principles of accounting. Students explore financial topics through real-world illustrations reflecting current business practices. Topics include short- and long-term assets, current liabilities, bonds payable, components of stockholders' equity, financial statement analysis, the corporate income statement, and statement of cash flows. NOTE: Students should attempt to take ACCT 1100, ACCT 1110, and ACCT 1120 immediately after one another to facilitate understanding and learning. It is helpful to complete the math requirements early in the program of study.