ACCT 231:Intermediate Accounting

Credit Hours: 3
Lecture hours per week: 3
Lab hours per week: 0

Prerequisite(s): ACCT 205 and ACCT 206 .
Expand and detail concepts, relationships, and procedures underlying the accounting cycle and financial statements. Emphasis will be placed on current assets including cash, receivables, and inventories. Added emphasis will be placed on the preparation of financial statement in accordance with generally accepted accounting principles as well as ethical and professional standards.