ACC 530 - Intermediate Financial Reporting.

(Formerly MGT 520). ACC 521 or ACC 201, ACC 202, and graduate standing. (3).

Examination of generally accepted accounting principles in corporate financial reporting, with emphasis on accounting theory and practice for preparing financial statements and reporting various financial statement elements. Revenue recognition, inventory, long-term investments, and bonds; introduction to concepts and procedures of International Financial Reporting Standards and their differences to U.S. standards.