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): ECON 1100, ECON 1110. ACCT 2010 and ACCT 2020 with grades of C or better; MATH 1190 or MATH 1400 or MATH 1710.

May not be taken more than twice whether at UNT or at another college or university. 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.