ACC 322 Intermed Acc't 2

This course continues the in-depth and critical examination of accounting theory, concepts and regulation. Generally accepted accounting principles (GAAP) will be examined as they relate to financial statement preparation, fixed assets, intangibles, liabilities, owner equity, earnings per share and investments. Emphasis will be on applicable accounting pronouncements and convergence with international financial reporting standards (IFRS). The course will involve a research component using the FASB Codification database, ethical considerations, cooperative learning, case analysis, and communication skills. Computer literacy is assumed. Prerequisite: ACC 221.