ACCT 351 Intermediate Accounting III • 5 Cr.
Continuation of theoretical foundations of accounting. The course covers business capital structures, interim reporting, and advanced analysis of domestic and international financial statements and standards. Prerequisite: ACCT 350.
After completing this class, students should be able to:
• Calculate basic and diluted earnings per share. • Analyze derivative types and hedging activities. • Identify and correct accounting errors. • Illustrate and employ changes in the accounting system. • Compare international and domestic accounting standards. • Prepare an in-depth financial statement analysis in order to identify creative and fraudulent accounting. • Compute the Taxation of Assets • Recognize and Interpret Pensions and Other Postretirement benefits