ACT 2222 Intermediate Accounting II

A continuation of Intermediate Accounting I dealing with theory and concepts of external reporting. Topics covered include comprehensive treatment of liabilities, capital stock, retained earnings, the statement of cash flows, financial statement analysis, and full disclosure in financial accounting. Emphasis is also given to internal records including sole proprietorships and manufacturing firms. Computerized accounting methods are explored.

Credits

3

Prerequisite

ACT-1020, ACT-2221 -Must be completed prior to taking this course.