|(3 cr.) This continuation of Intermediate Accounting
covers such topics as long-term liabilities,
investments, stockholders' equity, earnings per
share, revenue recognition, pensions and leases.
In addition to U.S. Generally Accepted Accounting
Principles (GAAP), students also are exposed
to International Financial Reporting Standards
(IFRS). AC 307 may be taken concurrently with AC
306. Minimum grade for accounting majors B-.
Accounting majors must have B- or better in the
Prerequisite: AC 305; Every Year, Spring|