ACCT 120A - Intermediate Accounting I

Prerequisite: grade of B or better in ACCT 4A, or a minimum GPA of 2.5 in ACCT 4A and ACCT 4B, or ACCT 4A passed with C grade
Preparation and analysis of balance sheet and income statements; basic accounting theory and conceptual framework underlying financial accounting; theory of current assets; theory of current liabilities; investments; revenue recognition; error correction and principle changes; and a review of applicable authoritative pronouncements.

Units: 4

Course Typically Offered: Fall, Spring