ACCT 120A - Intermediate Accounting I

Prerequisite: ACCT 4A with a B grade or better, or a 2.5 GPA in ACCT 4A and ACCT 4B, or ACCT 4A with a C grade or better.
Corequisite: ACCT 4B. DS 71 or equivalent recommended
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