ACC 322 - Intermediate Accounting II, 4 credit hours

Prerequisite(s): ACC 321 with at least a B- grade
This intermediate accounting course will continue with a deep dive into accounting theory and principles, proper recording of business transactions through journal entries and ledger postings, and the interpretation of financial statements prepared in accordance with generally accepted accounting principles. Main topics include long-term assets and liabilities, stockholders’ equity of a corporation, and accounting changes and error corrections. Advanced measurement and disclosure issues relating to the financial statements will also be examined.