ACCT201 Intermediate Accounting II

Department of Business Studies: Accounting

  1. Course Number and Title

    ACCT201 Intermediate Accounting II

  2. Number of Credits

    3 credits

  3. Minimum Number of Instructional Minutes Per Semester

    2250

  4. Prerequisites

    ACCT200 (C or better) or permission of the Department of Business Studies

    Corequisites

    None

  5. Other Pertinent Information

    None

  6. 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.

  7. 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.

      2. Core (if applicable)
        3. 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.

      2. Core (if applicable)
        3. 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.

  8. 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