Intermediate Accounting I (ACC 211)

Term: 2016-2017 AY Fall

Faculty

Nancy A CowettShow MyInfo popup for Nancy A Cowett

ncowett@nmcc.edu

Schedule

Tue-Thu, 10:30 AM - 11:45 AM (8/30/2016 - 12/15/2016) Location: NMCC CHR 208-1

Description

This course is the first semester of a two-semester course designed to give the student an in-depth overview of generally accepted accounting principles and financial reporting. Topics include the foundations of financial accounting and routine activities of a business. Students will prepare comprehensive balance sheets, income statements, and statement of cash flows. Other topics include inventory costing; accounts and notes receivables; the allowance method of accounting for bad debts; plant and equipment; investments; and other issues. Prerequisite(s): ACC121 Corequisite(s): None