2023-2024 Undergraduate Catalog 
    
    Apr 13, 2024  
2023-2024 Undergraduate Catalog
Add to Personal Catalog (opens a new window)

ACCT& 202 - Principles of Accounting II



5.00 Credits
Examines a number of complex accounting topics involving assets, liabilities, and equity accounts. Includes study of bonds, financial statement analysis, stocks, and statement of cash flows. Recommended placement into AENGL 93 or ENGLP 93 and completion of ACCT& 201 or equivalent with a minimum grade of 2.0.
Course-level Learning Objectives (CLOs)
Upon successful completion of this course, students will be able to:

  1. Allocate the cost of long-term assets per Generally Accepted Accounting Principles (GAAP).
  2. Calculate and record the disposal or sale of long-term assets.
  3. Journalize transactions involving definite determinable and estimated liabilities and identify contingent liabilities.
  4. Use the time value of money techniques to value assets and liabilities; calculate the costs and benefits of financial choices in financial planning and strategic decision-making.
  5. Record issuance, repayment of bonds, and long-term installment obligations
  6. Analyze and journalize transactions involving stockholders’ equity accounts.
  7. Prepare and explain a formal statement of cash flows.
  8. Write a clear organized analysis of financial information using correct writing principles.


Course Typically Offered
Full Year



Add to Personal Catalog (opens a new window)