ACC 231 - Intermediate Accounting I

Credits: 4
Lecture Hours: 4
Lab Hours: 0
Practicum Hours: 0
Work Experience: 0
Course Type: Open

Emphasis on theory, standards and principles and the “why” of accounting. The framework goes beyond the procedural level to the conceptual level. Topics include preparation of income statements, balance sheets and related footnotes. Applicable FASB pronouncements are presented.
Prerequisite: Successful completion of ACC 132 with a grade of “C” or above