ACCT 256 - Intermediate Accounting II

4 hours
A continuation of the study of accounting theory and practice commenced in Intermediate I. Topics covered include the accounting for liabilities and stockholder’s equity; complexities in revenue recognition; computation of basic and diluted earnings per share; accounting for investments; accounting for pensions; leases; and the statement of cash flows. The course will also continue the exploration of using QuickBooks culminating with becoming a certified user of QuickBooks by the end of the course through successful completion of the certification exam. Prerequisite(s): ACCT 255. UG