ACC 237 - Intermediate Accounting

Credit(s) 4.00
Lecture Hours: 3.00
Lab Hours: 2.00
The in-depth study of selected financial accounting theory and practices. Topics may include professional organizations, structures, financial statements, the time-value of money, inventories, and other current and noncurrent assets and liabilities. As time permits some other specialty topics will be looked at; such as the statement of cash flows, accounting for leases, and revenue recognition principles.

SLOs:

Upon successful completion of this course students will be able to:

For corporate entities, students will be able to:
Identify and apply current standards of financial accounting.
Analyze exchange transactions and internal events using relevant Generally Accepted Accounting Principles (GAAPs).
Illustrate required disclosures of financial accounting information.
Demonstrate the ability to interpret financial information and statements.
Develop a sound foundation for related accounting work.