This course (a continuation of Intermediate Accounting I) provides an in-depth analysis of the theory, concepts, and procedures underlying the preparation of external financial statements and reports for corporate organizations. Accounting principles and concepts are analyzed, developed, and then applied to specific business decision situations. A thorough examination of long-term liabilities, stockholders equity, accounting changes, financial analysis and financial reporting through both manual and automated accounting systems is developed.

Prerequisite: ACC 201

4 Semester hour(s)

4 lec/week