ACCT 302 Intermediate Accounting II

A continuation of Intermediate Accounting I with study of long-term debt, equity, revenue recognition, the statement of cash flows, and accounting for income taxes, post-retirement benefits, leases, and changes and errors. 

Credits

3

Prerequisite

ACCT 301

Offered

Spring

Student Learning Outcomes

1. Understand and apply depreciation, depletion, impairment, and disposal of assets
2. Understand intangible assets and research and development costs
3. Utilize GAAP in applying and analyzing accounting for investments and long-term receivables
4. Apply debt and equity financing concepts, retained earnings and earnings per share
5. Understand special topics in financial reporting - revenue recognition, accounting for income taxes, postretirement benefits, and leases