ACCT 381. Intermediate Accounting I.
(3-0-3); on demand.
Prerequisites: ACCT 281 and 282 with a minimum grade of "C." The first of three intermediate-level financial accounting courses. Topics covered will include study of: the environment under which accounting standards are established; the conceptual framework for financial accounting; the accounting cycle; requirements for the presentation of the income statement, balance sheet, and statement of cash flows, time value of money concepts; and accounting for cash, accounts receivable and inventories.