ACCT& 202: Principles of Accounting II

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Class Program

Accounting

Credits

Weekly Contact Hours

Course ID

092123

Meets Degree Requirements For

General Elective

Description

Second in the series on accounting theory. Continuation of current generally accepted accounting principles, theories and procedures used in financial accounting and reporting with emphasis on corporate accounting and reporting. Includes current and long-term liabilities, time value of money, stockholders' equity, cash flow statements, financial statement analysis and international accounting.

Grading Basis

Graded

Prerequisites

ACCT& 201

Course Learning Outcomes

Accurately identify, compute, and analyze concepts and issues related to current and long-term liabilities, stockholders’ equity, cash flow statements, financial statement analysis, and international accounting.

Apply the logic of generally accepted accounting principles to various accounting and business topics.

Effectively communicate both orally and in writing, correct accounting principles as they relate to various accounting and business topics.

Use a financial calculator and solve various time value of money problems and applications.

Analyze annual reports and apply topics and concepts related to generally accepted accounting principles.

Core Topics

Generally Accepted Accounting Principles
Financial Reporting – Corporate Annual Reports
Current and long-term liabilities
Time value of money
Stockholders’ equity
Comprehensive income
Corporate income statement
Statement of cash flows
Financial statement analysis
International accounting and consolidated financial statements