ACCT201 Intermediate Accounting II

Department of Business Studies: Accounting

I. Course Number and Title
ACCT201 Intermediate Accounting II
II. Number of Credits
3 credits
III. Number of Instructional Minutes
IV. Prerequisites
ACCT200 (C or better) or permission of the Department of Business Studies
V. Other Pertinent Information
VI. Catalog Course Description
This course provides an intensive study of the application of generally accepted accounting principles and financial pronouncements to the financial reporting and disclosure of current and noncurrent liabilities and stockholders' equity.
VII. Required Course Content and Direction
  1. Course Learning Goals

    Students will:

    1. demonstrate an understanding of financial reporting and disclosure of an entity’s liabilities and stockholder’s equity;
    2. apply financial accounting standards to an entity’s liabilities and stockholder’s equity; and
    3. prepare a statement of cash flows.
  2. Planned Sequence of Topics and/or Learning Activities

    1. current liabilities and contingencies
    2. long-term liabilities
    3. stockholder's equity: contributed capital
    4. stockholder's equity: retained earnings
    5. dilative securities and earnings per share
    6. accounting for income taxes
    7. accounting for pensions
    8. accounting for leases
    9. statement of cash flows
    10. accounting changes and error analysis
  3. Assessment Methods for Course Learning Goals

    The assessment of course learning goals will be based on exams, a comprehensive final exam, and/or instructor evaluation.
  4. Reference, Resource, or Learning Materials to be used by Student:

    See course syllabus for required textbook and any related materials.

Review/Approval Date -3/99; Revised 12/1011; New Core 8/2015