BPA 242 - Intermediate Accounting 2

3 credit hours - Three hours weekly; one term.
Focus on the comprehensive study of accounting principles, theory and practice as they relate to financial statements. Analyze the accounting for stockholders’ equity, revenue recognition and accounting changes, accounting for taxes, pensions and leases, preparation of cash flow statements, and analysis and interpretation of financial statements. 

Prerequisite(s): BPA 202 .

Note: Students are encouraged to take BPA 241 prior to registering for this course. Typically offered at MC and OL; fall and spring terms.

Course Outcomes:
Upon successful completion of this course, the student will be able to:

1. Solve complex accounting problems related to topics covered in course.
2. Prepare basic written research on select accounting topics in course.
3. Demonstrate knowledge of appropriate accounting terminology, principles and framework for Intermediate Accounting 2 topics.