Continuation of the study of financial accounting theory from Intermediate Accounting I. Specific topics covered include long-term liabilities, stockholders equity, accounting changes, error analysis, and cash flow.
Emphasis is on managerial cost analysis and management decision making.
Introduction to the fundamentals of financial decision-making. Basic accounting and financial management topics including financial statement analysis, budgeting for planning and control, financial markets, valuation, capital budgeting, and working capital management will be covered. A comprehensive project conducting an in-depth analysis of a publicly traded firm will be required. This course cannot be used as a substitute for ACCT 220, ACCT 221, or FIN 300. The collection and processing of accounting information.