ACCT 302 - Intermediate Accounting II

Credits: 3
When Offered: Spring
Prerequisite(s): ACCT 301, ENGL 101, ENGL 102 and COMM 105 or ENGL 101H and ENGL 102 with a minimum grade of “C.”

These courses are designed primarily for accounting majors – including those planning to sit for the CPA exam as well as finance majors. The course provides a comprehensive study of accounting theory and practice within the context of the conceptual framework of accounting, with special attention given to FASB Statements and Opinions related to measurement, recognition and reporting of assets, liabilities, equity, revenue and expenses and the major financial statements. Additional topics include pension accounting, leases and contingent liabilities. Computerized practice sets may be used at discretion of learning facilitator.

Note: Second semester of a two-semester sequence. This course requires the first semester course be taken prior to registering.