AC 202 - Intermediate Accounting II

Institution:

Manor College

Subject:

Description:

Continuation of AC 201. Thorough examination of the practices employed in the development and use of financial statements to present an accurate and fair picture of operation results, financial position, and changes in financial status of business enterprises. Use of accounting information as a basis for decisions by users of financial statements and reports. Special areas to be studied include asset valuation and plant assets; long term debts; stockholder’s equity and surplus; correction of errors of prior periods; tax allocations, pensions, and leases. Preparation, analysis, and interpretation of financial statements are considered in detail. Prerequisite: AC 201 Intermediate Accounting I

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

09/01/2006 - 09/01/2006 

Institution Website:

www.manor.edu

Phone Number:

(215) 885-2360

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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