ACCT 301 Intermediate Accounting I

A study of financial reporting and statements, current assets and liabilities; property, plant, and equipment; intangibles; investments; and long-term receivables. 

Credits

3

Prerequisite

ACCT 202

Offered

Fall

Student Learning Outcomes

1. Understand the importance of the demand for, supply of, and standards driving accounting information
2. Apply the conceptual framework to make accounting decisions
3. Apply Generally Accepted Accounting Principles (GAAP) to record and report the impact of various business transactions and events
4. Understand and apply time Value of Money tools for business decision-making
5. Utilize GAAP in applying and analyzing accounting for current assets and liabilities, long-term productive assets, and long-term liabilities