ACC 302 - Intermediate Accounting II
This second in a series of three intermediate accounting courses (ACC 301, ACC 302, and ACC 303) furthers the student’s knowledge of financial accounting practices, increases a student’s understanding of a company’s assets and begins a discussion of liabilities. Students study the recording and disclosure requirements for inventories, long-lived operational assets and investments, which also serve as financial instruments for an organization. The course concludes with a presentation of recording and disclosure requirements for current and long-term liabilities.
Prerequisites & Notes