ACCT-301 Intermediate Accounting I

Covers the theoretical and conceptual framework of financial accounting and the content and usefulness of financial statements. Also provides in-depth coverage of the accounting and reporting issues related to operating activities of business enterprises. Special projects include case studies and position papers requiring research into pronouncements of the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). Prerequisites: ACCT-200 and sophomore standing. 4 SH.