ACCT-341 Intermediate Accounting II (3)

The second of a two-course sequence on financial accounting and reporting. Students use concepts and techniques developed in ACCT-340 to study the accounting and reporting for liabilities; owners’ equity; and the preparation and interpretation of the statement of cash flows. Within these content areas, the course identifies financial statement reporting standards under U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Prerequisite: ACCT-340.