Intermediate Accounting I

Catalog description

This course involves a continued comprehensive study of financial accounting theory and the conceptual framework. The course further provides an in-depth review of financial statement preparation with an emphasis on disclosure. Topics include liabilities, stockholders' equity, investments, accounting for income taxes, leases, employee compensation and benefits, earnings per share, and statement of cashflows.. Capstone course for the Accounting Professional AAS degree. Students in this program must complete a minimum of 45 credits prior to enrolling in this course. Prerequisite(s): ACC-2002 with grade of C or higher. Capstone Course(s): In addition to completing the prerequisite course, students must complete a minimum of 47 credits, prior to enrolling in this course. A GPA of 2.0 or higher is required. (Classroom sections offered spring only. Online sections offered fall only.)