ACC 303-Intermediate Accounting I

Prerequisite: ACC 206

This course provides an in-depth study of accounting theory and a review of the accounting cycle. It concentrates on the conceptual framework underlying financial accounting, the preparation of financial statements, the time value of money, and the valuation of cash, temporary investments, and receivables. The course refers to pronouncements of the Financial Accounting Standards (FASB) and the American Institute of Certified Public Accountants (AICPA).