ACC 221 - Intermediate Accounting I

3 Credits, 3 Contact Hours (3 lec.)

Comprehensive coverage of financial accounting topics. Includes the accounting environment, accounting information systems, present value applications to accounting problems, cash control, receivables and investments. Also includes inventory valuation methods, tangible fixed assets, intangible assets, current and long-term liabilities, stockholder’s equity, revenue recognition, expense, and other comprehensive income.

Prerequisite(s): ACC 211.