ACCT381 - Intermediate Accounting I

General

Prefix
ACCT
Course Number
381
Course ID
00004962
Course Level
Undergraduate
Instruction Mode
Lecture
Department(s)
Accounting
Description
Financial accounting, standard-setting, and basic financial statements. Current and long-term assets and current liabilities. Prereq.: 2.50 GPA in ACCT 291 and ACCT 292, or department permission.
Cross Listed Courses

Prerequisites

Credits

Min
3
Max
3
Repeatable
No

Goals and Diversity

MN Goal Course
No
MN Goal Designation(s)
-
Cultural Diversity
No

Learning Outcomes

Outcome
Examine and describe the objectives of financial reporting, the standard setting process, and the conceptual framework underlying financial accounting.
Outcome
Measure amounts for transactions, record transactions, and describe disclosure under GAAP for the following financial statement topics: a) cash and receivables, b) inventory, c) property, plant, and equipment, d) intangible assets, and e) current liabilities.
Outcome
Write research papers on accounting issues using the Financial Accounting Standards Board (FASB) Codification.
Outcome
Complete a spreadsheet project.

Dependencies

No dependencies