Intermediate Accounting I. 3 credits, 3 contact hours

Catalog description

Prerequisites: ACCT 215 . This course provides an in-depth study of generally accepted accounting principles in the classification, presentation and disclosure of assets required by external users of financial statements. Students will learn to complete accounting cycle activities; prepare and evaluate financial statements with data from an accounting information system; apply financial accounting functions and theory to recognize and measure assets and revenues; calculate earnings per share; and understand the nature and effect of accounting errors.