ACCT 312 - Intermediate Financial Accounting II

Second in the two-course intermediate financial accounting sequence.  Topics include investments, liabilities, leases, income taxes, pensions, stockholders’ equity, earnings per share, and statement of cash flows.

Prerequisites: ACCT 311 with grade C or better.
Possible Instructional Methods: On-ground, or Hybrid, or Online-Asynchronous, or Online-Synchronous.
Grading: A-F grading only.
Course Typically Offered: Fall & Spring


Student Learning Outcomes - Upon successful completion of this course students will be able to:
 

1. Identify and apply appropriate accounting classification, measurement, and reporting of debt investments.
2. Explain the accounting valuation and reporting for bonds and leases.
3. Discuss the accounting and reporting for pensions and post-retirement benefits.
4. Discuss the accounting for income taxes, net operating loss and financial statement presentation.
5. Explain the accounting for stockholders’ equity transactions, including issuance and repurchase of stock and payment of dividends.
6. Discuss dilutive securities and determine earnings per share in simple and complex capital structures.
7. Prepare a statement of cash flows using direct and indirect methods.