ACCT 231 Intermediate Accounting I

In this course, students will study and review the foundations of accounting theory and preparation of classified financial statements. The concepts of future and present value and the effects of changing prices on financial reporting will be studied. Students will apply current accounting standards to account for cash, short-term investments, receivables, liabilities, income taxes, inventories, and property. The completion of a comprehensive practice set is required.

Credits

3

Prerequisite

ACCT 112

Hours Weekly

3 hours weekly