AC 501 Financial Reporting I

 A comprehensive review of accounting cycle and analytical concepts. Historical development of current financial reporting, FASB's conceptual framework, preparation of primary financial statements, measurement, recognition, and reporting of assets. In-depth coverage of the measurement, recognition, and reporting of inventories, long-lived assets, and intangible assets.

Credits

3

Prerequisite

Admission to a School of Business graduate program, or permission of the Associate Director of Graduate Programs, or permission of the Department of Accounting Chairperson. Completion of both AC 211 or equivalent and AC 212 or equivalent (with grade of B or higher) or AC 500 (with grade of B or higher)

General Education

Offered

  • Fall and Spring
  • Summer
  • On Demand