ACCT 3230 Intermediate Accounting I
Prerequisite: ACCT 2101, ACCT 2102, MGNT 3125
3-0-3
The theory and practice of financial accounting and reporting. A study of the conceptual framework and process by which accounting standards are established; preparation of financial statements and disclosures; applications of fair value concepts and present value measurements to accounting events; and accounting for current assets, plant assets, natural resources, intangible assets, current and long-term liabilities, and related income and expense elements.