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. Minimum Number of Instructional Minutes Per Semester
2250
IV. Prerequisites
ACCT200 (C or better) or permission of the Department of Business Studies
Corequisites
None
V. Other Pertinent Information
None
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. Learning Goals:

    1. Course
    2. 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.

    3. Core (if applicable)
    4. This course is not included in the Core.
  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 Core Learning Goals:

    1. Course
    2. The assessment of course learning goals will be based on exams, a comprehensive final exam, and/or instructor evaluation.

    3. Core (if applicable)
    4. This course is not included in the Core.
  4. Reference, Resource, or Learning Materials to be used by Students:

    See course format for required textbook and any related materials.
VIII. Teaching Methods Employed
Section VIII is not being used in new and revised syllabi as of 12/10/08.

Review/Approval Date -3/99; Revised 12/1011