ACC 2300 - Intermediate Accounting I

Prerequisite(s): ACC 1010 with grade C or better; MA 1025 with grade C or better.
A detailed study of financial reporting concepts focusing on financial statements and related disclosures. Asset valuation and income measurement are studied extensively, concentrating on cash, receivables, inventories; property, plant and equipment; depreciation, depletion and intangibles. Additional topics include a review of accounting systems and financial statement reporting requirements. Credit(s): 3 (3 plus 0) CPS students only.