ACCY 531 - Financial Reporting I

Study of financial accounting and reporting issues, including the conceptual framework, balance sheet and income statement preparation, revenue recognition, time value of money, monetary assets, inventories, plant assets, current liabilities, and long-term debt. Employ authoritative sources in researching accounting issues. Not available for Phase Two credit in the M.A.S., M.B.A., or M.S.T. programs. A student may not receive credit for both ACCY 331 and ACCY 531. A student must earn a grade of C or better in a financial accounting concepts course prior to enrollment.

Credits: 3