Catalog 2021-2022

ACC 320 Intermediate Accounting I

This course expands the students’ understanding of generally accepted accounting principles. The theory covered includes the FASB’s conceptual framework, FASB codification of accounting standards, international financial reporting standards and the accounting process. This theoretical background is then applied to the preparation of financial statements and the use of time-value of money concepts to measure financial statement elements, revenue recognition and accounting for cash, receivables, inventories and long-term assets.




MAT 160 (all COB majors are required to take MAT 225), BAC 100 and a grade of "C" or higher in ACC 202.


fall and spring semesters