Prerequisite(s):ACC 2300 with a grade of C or better. CPS students only. A continuation of intermediate Accounting I. The course is a detailed study of financial reporting concepts focusing on the valuation of liabilities and investments. The reporting of stockholder’s equity is also studied, including such topics as contributed capital, earnings per share calculation, and retained earnings. 3 credits. (3 plus 0) Credit(s): 3 (3 plus 0) CPS students only.