ACC 20200 Intermediate Accounting II

Comprehensive treatment of underlying theories in accounting principles and procedures for merchandising and manufacturing businesses; analysis and interpretation of financial statements and current GAAP (Generally Accepted Accounting Principles) along with the convergence of International Financial Reporting Standards 9IFRS) guidelines regarding investments, liabilities, equity, leases, cash flow, pensions, income tax allocation, and other reporting theories.

(Note: This course can be used to satisfy the lower level 33 semester hour requirement but CAN NOT be used for the Financial Accounting and Reporting requirement for the CPA Licensure exam).

Prerequisite

ACC 101 or ACC 103 and ACC 102 or ACC 104 and ACC 201 (ACC 202 can be taken before ACC 201 or even simultaneously with ACC 201 by advisement).

Hours

4 Credits, 4 Hours