AC 625 - Financial Reporting Standards and Practices I

3 credit(s)
An intensive study of the theory and practice of financial reporting. Emphasis is placed on the generally accepted accounting principles leading to the dissemination of information through the financial statements. Topics include methods of asset valuation and classification, liability recognition, income recognition, and measurement of equity. The ramifications of accounting method choice and earnings management on financial statement informativeness are considered. Students who have taken AC 320 and AC 321 or equivalent courses may not take this for credit.
Prerequisite(s): AC 210 and AC 211, or AC 603, or equivalent.
Note(s): This course may not be used for credit in the MSAT program.

Click here for Fall 2024 course scheduling information.

Click here for Spring 2025 course scheduling information.