ACCT 3110 - Intermediate Accounting I

3 hours

In-depth study of the process of preparing and presenting financial information about an entity for outside users (Part I). Topics vary but typically include: standard setting; the accounting cycle including data accumulation, adjustments and preparation of financial statements; and valuation. There is a focus on the recognition, measurement and disclosure of revenue; inventory and cost of sales; and plant assets.

Prerequisite(s): Junior level entrance exam with a passing grade of 70 percent or higher; ACCT 2010 and ACCT 2020 with a grade of C or better.

May not be taken more than twice at UNT. Students may not retake this course once they have completed (with a grade of C or better) a course for which this is a prerequisite.