ACCT 3120 - Intermediate Accounting II (3)

This course represents a continuation of the intensive study and application of the generally accepted accounting principles for asset valuation, income measurement, and financial statement presentation begun in ACCT 3110. Emphasis is placed on accounting for stockholders’ equity, investments, revenue recognition, income taxes, pensions, leases, and the statement of cash flows. Accounting changes and error analysis as well as full disclosure in financial reporting is discussed. Prerequisite(s): ACCT 3110.