ACCT 512 - Intermediate Accounting II

3 Credits
This course is a continuation of ACCT 511 Intermediate Accounting I with a comprehensive study of the major categories of the balance sheet and statement of cash flow and income. In addition, students will be introduced to the accounting, analysis and reporting of special topics such as pension/retirement, leases, inflation, income taxes, earning per share and revenue recognition.

Prerequisite(s): ACCT 511
Course Learning Outcomes:
1. Create the statement of cash flows using both the direct and indirect methods.
2. Evaluate Generally Accepted Accounting Principles related to investments.
3. Evaluate Generally Accepted Accounting Principles related to current liabilities, contingencies, bonds, and other long-term notes.
4. Apply proper accounting treatments related to pensions.
5. Analyze compensation and earnings per share.