ACC 301 - Intermediate Accounting I

This first in a series of three courses in intermediate accounting (ACC 301, ACC 302, and ACC 303) expands upon the principles covered in first year accounting and provides the foundation for students to advance to higher level subjects in financial accounting. The series focuses on how accounting as an information system can be used to generate a transparent, consistent and comparable presentation of a business’s financial condition. Students learn the fundamentals of financial statement analysis, including the use of horizontal, vertical and ratio analysis, to evaluate financial strength and performance. The conceptual framework of accounting, the accounting process, uses and relationships between financial statements and the asset side of the balance sheet are also covered.

Prerequisites & Notes
ACC 175

Credits: 3