ACC 226 — ACC 226
Intermediate Accounting II This course continues the study of financial accounting theory and practice. It examines specific accounts, including current and contingent liabilities, bonds, notes, corporate income taxes, leases, capital stock, pensions, and retaining earnings. It also covers the preparation of financial statements in accordance with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). It addresses financial statement analysis, revenue recognition rules, accounting changes, and other topics. Excel-based web software systems are utilized to complete assignments. PR: ACC 222