AEM 3370 - Intermediate Accounting II

Spring. 3 credits.

Prerequisite: AEM 3360 Intermediate Accounting I.

Staff.

Continuation of the in-depth study of accounting theory, generally accepted accounting principles, and the techniques involved in measuring, recording, summarizing, and reporting financial data for business organizations. Learn the GAAP accounting for equities, revenue, investments, accounting changes, and statement of cash flows. Understand accounting alternatives within GAAP and accounting alternatives to GAAP for the topics covered so that students are prepared to understand and use future changes in GAAP.