ACCT 312 - Intermediate Accounting II 3 s.h.

A continuation of ACCT 311 with emphasis on accounting and reporting for dilutive securities, stockholders’ equity, earnings per share, investments in debt and equity securities, special revenue recognition methods, deferred income taxes, pensions, capital leases, accounting changes, corrections of accounting errors, cash flow statement, interim financial reporting, and financial statement disclosures. Written assignments will consist of using word processing and spreadsheet software in preparing memoranda and reports concerning contemporary financial accounting topics, and responses to issues raised in the textbook, cases and Internet research. Offered Spring only.
Prerequisite(s): JrS, ACCT 311 with a “C” or better and a major in PACC, BSEC, or ECON.