ACC 104 - Accounting II

This course is a continuation of ACC 103. Topics include accounting for partnerships and corporations with an emphasis on equity structures, financial statements, and journal entries. Continuing with corporate accounting, students study investment income with gains and losses, corporate bonds, and currency differentials. Analysis of financial statements is a critical topic covered. These include the Cash Flow Statement, Income Statement and Balance Sheet. A substantial area of study covers managerial accounting, including manufacturing accounting.
Prerequisite: ACC 103 or the equivalent
3 lecture hours per week
3 credit hours