ACCT 302 - Intermediate Accounting II

Credits: 5
Continuance of ACCT 301, Intermediate Accounting I. Topics include study of long-term assets and liabilities, matching principle as it relates to the Income Statement and Income Recognition.
Course Outcomes:

Identify, analyze and record current and long-term liabilities, including deferred income tax and bonds payable.
Determine and record interest expense, discounts, premiums and other financial aspects related to debt and liabilities.
Utilize metrics such as earnings per share and debt/equity ratios to analyze business performance.

Course Topics:

Acquisition and Disposition of plant assets
Depreciation and Depletion
Current liabilities and contigences
Valuation of long term liabilities
Stockholders’ Equity
Retained Earnings
Earnings per Share
Corporate Investments

LEC Credits: 5
LEC hours per week: 5
Prerequisite(s): Grade of C or higher in ACCT 301
Course Attribute(s): Course-BAS
OEE Permitted: No
Grading Basis: Graded
Instructor/Department Consent Required: Consent Required
CIP Code: 52.0301
Default Section Size/Cap: 25
Quarter(s) offered:

Winter