Intermediate Accounting I
- 3 credits
- Prerequisite: (BUS-A 201 or BUS-A 205) and (BUS-A 202 or BUS-A 207), each course with a grade of C or better
A311 Intermediate Accounting I (3 cr.) P: (A201 or A205) and (A202 or A207) each course with a grade of C or better. Provides students with a thorough understanding of the theoretical foundations and mechanics underlying financial reporting. This rigorous course is suitable for students seeking a career in accounting or finance. The course's primary objective is to give students the tools necessary to understand and execute appropriate accounting procedures, with an appreciation of the broader context in which accounting information is produced and utilized. A311 provides an overview of the financial statements and then focuses in more detail on revenue recognition, current assets, long-term assets, and accounting for investments. Credit not given for both A311 and A310.