Accountancy
 

Financial Accounting 2

Financial Accounting 2
Accounting for receivables and inventory. Major reporting issues associated with liabilities and stockholder's equity. Introduction to computing basic and diluted earnings per share.
ACC
404
 Hours4.0 Credit, 4.0 Lecture, 0.0 Lab
 PrerequisitesAdmission to SOA.
 Taught 
 ProgramsContaining ACC 404
Course Outcomes: 

Prepare Journal Entries and Footnote Disclosures

Demonstrate, through homework, quizzes and examinations that you can prepare journal entries and footnote disclosures required to account for and report in compliance with GAAP the following areas:

Leases

Derivatives

Stock related transactions

Earnings per share

Investments

Consolidations

Income taxes

Accounting for Changes and Error Corrections

Demonstrate, through homework, quizzes and examinations, that you can apply the appropriate procedures for accounting for changes and error corrections.