AC 311 - Intermediate Accounting

This course provides an in-depth exploration of intermediate accounting concepts, equipping students with the knowledge and analytical skills to interpret, evaluate, and apply accounting principles across a range of critical areas. Students will analyze financial statements to assess organizational health, evaluate the recognition and measurement of cash, receivables, liabilities, and bonds, and apply inventory valuation methods for accurate reporting. The course also examines transactions involving property, plant, equipment, and intangible assets, while emphasizing the role of accounting information systems and artificial intelligence (AI) tools in supporting reliable financial reporting. Semester Credit Hours: 3.00 Contact Hours: 45/0/0/45 Prerequisite: AC 236 Managerial Accounting. Corequisite: None.