ACCTG206 — Intermediate Accounting I
3.0 HR. (TC) Prerequisite: ACCTG 121 with a grade of C or better or department approval. This course helps develop familiarity with the basic assumptions underlying accounting principles, procedures, methods that are applied in the preparation of financial statements, and the proper uses that can be made of financial data. With this background, the business student is better prepared to analyze and interpret the full product of accounting; the accounting major is better prepared to continue with advanced studies to achieve professional status. Three lecture hours per week.