AC 305 - Intermediate Accounting I
(3 cr.) This course is the first of three intermediate level courses. Students study the conceptual framework, standards, roles of standard-setting bodies and presentation of financial statements. Additional topics include the recognition, measurement and reporting of cash, receivables, and inventories. In addition to U.S. Generally Accepted Accounting Principles (GAAP) students also are exposed to International Financial Reporting Standards (IFRS). Minimum grade for accounting majors B-. Accounting majors must have B- or better in the prerequisite course. Prerequisite: AC 101 or AC 211; Every Year, Fall and Spring

Spring 2016