ACCT 112 Principles of Accounting II

Upon completion of this course, students will have a knowledge of basic accounting for corporations, for interpretation and modifications of financial statements, for managerial accounting of costs, and for planning and controlling business operations.

Credits

3

Prerequisite

ACCT 111

Hours Weekly

3 hours weekly

Course Objectives

1. 1. Successfully record and analyze information for the corporate form of business, including the financial
   statements, and perform the computation of book value and earnings per share.
2. 2. Account for and analyze effects of the issuance of liabilities, and investing, and apply the appropriate accounting concepts, principles, and procedures.
3. 3. Calculate and interpret financial statements including the cash flows statement and by using ratios and
   comparative financial data.
   
4. 4. Compare and contrast financial and managerial accounting.

Course Objectives

1. 1. Successfully record and analyze information for the corporate form of business, including the financial
   statements, and perform the computation of book value and earnings per share.
2. 2. Account for and analyze effects of the issuance of liabilities, and investing, and apply the appropriate accounting concepts, principles, and procedures.
3. 3. Calculate and interpret financial statements including the cash flows statement and by using ratios and
   comparative financial data.
   
4. 4. Compare and contrast financial and managerial accounting.