ACCT 301 - Intermediate Accounting I

Lecture Hour(s): 3
Lab Hour(s): 0
Credit Hour(s): 3

Financial reporting for business enterprises under GAAP. A review of the theoretical foundations of financial concepts and reporting and their practical application to accounting procedures. Emphasis is on income and expense measurement, asset and liability measurement, and accounting for owners’ equity.

Prerequisite(s): ACCT 202 or Permission of Instructor.