AC 330

Intermediate Accounting I

This course builds on financial accounting concepts and principles covered in introduction to Financial Accounting with a study of the concepts, theories, and practices of using financial accounting information to make managerial and financial decisions.  Following an in-depth review of the accounting environment and the nature of accounting information, there is a study of time value of money concepts, assets and financial statements with an emphasis on the pronouncements of the Financial Accounting Standards Board. Prerequisite: AC 207. Credit, 3 hours