ACC 221 - Intermediate Accounting

Credits: 4
Lecture Hours: 4
Lab Hours: 0
This course provides an in-depth study of financial accounting concepts and procedures. The following topics will be covered: the accounting environment and accounting concepts and theory; statement of income and retained earnings; balance sheet and statement of cash flows; the time value of money; cash, temporary investments and receivables; inventories, and plant assets.
Prerequisite(s): ACC 104 or ACC 102