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.