AC 261 - Intermediate Accounting I

Institution:

Mt Hood Community College

Subject:

Description:

Credits 3 (3 Lecture Hrs/Wk) - F This course builds on the student's understanding of accounting learned in the first two Accounting Principles courses. A more in-depth understanding and use of Generally Accepted Accounting Principles will enable students to determine whether information has been properly recorded (i.e. recognized, measured, and classified) and clearly develop solutions to bring the financial statements into compliance. Recognizing both the value and the limitations of the financial statements, students will be ready to evaluate a company's past performance and assess risks. This course will prepare students for accounting positions requiring them to detect and resolve accounting reporting problems. This course is also an excellent way to prepare for the rigorous accounting courses required in four-year accounting degree programs. Prerequisite: BA212. Proficiency Needed: Reading, Writing, Math.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.mhcc.edu

Phone Number:

(503) 491-6422

Regional Accreditation:

Northwest Commission on Colleges and Universities

Calendar System:

Quarter

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