ACC 342 Intermediate Accounting II

3 credit hours

This course focuses on accounting theory and practice with specific emphasis on the role of accounting as an information system and accounting for financial instruments. Study includes key pronouncements of the Financial Accounting Standards Board (FASB). Topics covered in the course include measurement of current and long-term liabilities; accounting for investments, income taxes, leases and pensions; and shareholders’ equity reporting.

Prerequisite:

ACC 341 Intermediate Accounting I

Course is Offered: WI Every Year