Jun 19, 2021  
2021-2022 Undergraduate & Graduate Catalog 
2021-2022 Undergraduate & Graduate Catalog

ACCT 304 - Intermediate Accounting I

3 Hour(s) Credit
Detailed analysis of the accounting cycle. In-depth coverage of financial statements and account analysis. Classification, valuation and timing involved in the determination of income and asset/equity measurement. Special attention devoted to revenue recognition, tax, lease and pension transactions. Emphasis on comprehension, critical thinking and problem solving. Consideration of recent FASB pronouncements as well as structure and use of FASB’s Accounting Standards Codification.
Three hours per week.
Major Prerequisites ACCT 201 , ACCT 202  (Accounting, Business Economics, International Business, Management and Marketing majors with C or better) and junior standing.
Non-Major Prerequisites C or better in ACCT 201 , ACCT 202  and junior standing.