125 Principles of Accounting II

A continuation of financial accounting procedures.  Areas include:  long-term assets, accounting for partnerships and corporations, statement of cash flows, financial statement analysis, in-depth study of specific balance sheet accounts.  3cr., 3hr. lecture

Prereq: ACC 124, and MATH 18 or 22 either with grade C or better or placement at least MATH 23 or 82; or consent.

Student Learning Outcomes:
1.  Complete the accounting cycle from source documents to financial
      statements with emphasis on practical application of accounting
      principles for a partnership and corporation.
2.  Analyze financial statements using horizontal analysis, vertical analysis,
      and financial statement ratio techniques.