Intermediate Accounting I (ACC 211)

Term: 2017-2018 AY Fall

Faculty

Nancy A CowettShow MyInfo popup for Nancy A Cowett

ncowett@nmcc.edu

Schedule

Mon-Wed, 5:30 PM - 6:45 PM (8/28/2017 - 12/13/2017) 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