ACT 3120 Intermediate Accounting II
The second course of a three part series required of all accounting majors. Continuation of the theoretical and conceptual discussion for the development of the income statement and balance sheet. Topics include property, plant, and equipment; depreciation and depletion; intangible assets; current and long-term liabilities; stockholders' equity including stock transactions and retained earnings; dilutive securities, earnings per share, investments, revenue recognition, and accounting for income taxes.
Prerequisite
ACT 3110 Intermediate Accounting I.
Offered
This course is offered annually each spring semester.