Course Details

ACCT 102 - Financial Accounting II

Accounting 102 continues the basic principles, concepts, and applications of financial accounting that were introduced in Accounting 101. This course is a prerequisite for further accounting offerings. The course will emphasize the practical application of accounting and will include the following topics:

• accounts and notes receivable
• payroll liabilities
• property, plant and equipment, depreciation, natural resources, and intangible assets
• current liabilities
• partnerships
• organization and operation of corporations
• bonds and long-term notes payable
• analyzing financial statements