ACCTG 351 - Intermediate Accounting II

5 Credits

The second of a three-course intermediate sequence, this course continues ACCTG 350, covering complex topics in accounting and financial reporting.

Pre-requisite(s) ACCTG 350 with min 2.0
Instructor Permission Required Yes
Program Admission Required Yes Admitted Program BAS - BUSN
Course Note This class is taught by Central Washington University.
Fees

Quarters Typically Offered
Winter Evening
Designed to Serve General business and accounting students enrolled in the Bachelor of applied science in business management at Highline College
Active Date 20240717T10:33:18

Grading Basis Decimal Grade
Class Limit 10
Contact Hours: Lecture 55
Total Contact Hours 55
Degree Distributions:
ProfTech Course Yes
Restricted Elective Yes
Course Outline

This course covers topics:
- current liabilities and contingent obligations
- property, plant, and equipment: acquisition and subsequent investments
- depreciation, depletion, impairment, and disposal of property, plant and equipment
- intangibles
- investments and long-term receivables
- Time value of money;
- Cash and receivables;
- financing liabilities: bonds and long-term notes payable
- contributed capital

Student Learning Outcomes
Demonstrate intermediate-level competency in the accounting for specific topics designated for this second of a three-course intermediate sequence. These topics are:

current liabilities and contingent obligations
property, plant, and equipment: acquisition and subsequent investments
depreciation, depletion, impairment, and disposal of property, plant and equipment
intangibles
investments and long-term receivables
Time value of money;
Cash and receivables;
financing liabilities: bonds and long-term notes payable
contributed capital

Identify ethical dilemmas that confront the accounting professional.

With reference to the topics specified in Learner Outcome 1 above, demonstrate intermediate-level competency in the application of U.S. accounting standards and the integration of international accounting standards.

Demonstrate intermediate-level competency in practicing all phases of the accounting cycle.