ACC 12200 Accounting Principles II

(4 cr.) Lecture-Lab: (4-0)
(W)
This course builds on the fundamental accounting principles taught in Accounting I. The class covers the recording of corporate stock and dividend transactions and the proper presentation of the stockholder’s equity section of the balance sheet. The course introduces management accounting concepts through analysis of financial statements, preparation of the statement of cash flows, the introduction to cost accounting concepts and an understanding of the need for and development of budgets. Prerequisite: ACC 12100