ACC 306 - Intermediate Accounting I

(3 Credits)

This course provides the accounting major with a full review of concepts and principles underlying accounting and their application in the accounting process. Valuation of cash, receivables, inventories, tangible and intangible fixed assets, and current liabilities are studied. FASB statements are emphasized.

Prerequisite(s): ACC 207 . It is recommended that accounting majors earn a minimum grade of 70% for successful completion of this course.