2013-2015 Undergraduate Catalog

ACC 310 Intermediate Accounting I

First of three courses involving an intensive study of accounting concepts, theories, and practices relative to external financial reporting. Topics include: processing and reporting financial transactions and information relating to the content and structure of financial statements; concepts and procedures underlying revenue and expense recognition; application of time value of money concepts in an accounting framework; and valuation and accounting for current assets, long-term tangible assets, current liabilities, and long-term liabilities. Prerequisite: ACC 200 and ACC 201 (C grade or better).