ACCTG209 — Intermediate Accounting III
3.0 HR. (TC) Prerequisite: ACCTG 207 with a grade of C or better. This course helps further the student's developmental knowledge with accounting theory and concepts as they relate to special financial statement components. Emphasis is placed upon appropriate financial statement reporting of revenue recognition, leases, accounting changes, and corrections of errors on prior financial statements. Additionally, preparation of the statement of cash flows along with in depth analysis of the statement is provided to assist students as to how this data aids day-to-day management business decision making. The capstone portion of the course looks at all of the full disclosure principles mandated as an accompaniment to business financial statements. Three lecture hours per week.