ACCT 331: Intermediate Accounting I

ACCT 331-K01: Intermediate Accounting I
(Spring 2023)

09:00 AM to 11:40 AM W

Mason Korea (119 Songdomunhwa-ro, Yeonsu-gu, Incheon, Korea) G205

View in the schedule of classes

Section Information for Spring 2023

Accounting is called the language of business. As such, the objective of the course is to learn to read, understand, and analyze financial statements. This course adopts a decision-maker perspective of accounting by emphasizing the relation between accounting data and the underlying economic events that generated them. The course focuses on how to record economic events in the accounting records (i.e., accrual accounting) and how to prepare and interpret the primary financial statements that summarize a firm's economic transactions (i.e., the balance sheet and the income statement).

Course Information from the University Catalog

Credits: 3

This is the first of the two-course financial accounting sequence that examines financial accounting from the viewpoint of preparers and users of financial statements, including preparing financial statements to reflect financing, operating, and investing decisions of the firm and using financial statement information to make financing, operating and investing decisions for the firm. Mid-term and final exams may be scheduled on Saturdays for this class. Accommodations will be made for religious conflicts, Saturday classes, and certain official university activities. A third attempt will require academic advisor approval. Limited to two attempts.
Registration Restrictions:

Required Prerequisites: (ACCT 303C, L303, 303XS, 330C, L330, 330XS, 301C or L301).
C Requires minimum grade of C.
XS Requires minimum grade of XS.

Students with a class of Freshman may not enroll.

Non-Degree level students may not enroll.

Students with the Ineligible to take FPWM crses or terminated from BU major attributes may not enroll.

Schedule Type: Lecture
This course is graded on the Undergraduate Regular scale.

The University Catalog is the authoritative source for information on courses. The Schedule of Classes is the authoritative source for information on classes scheduled for this semester. See the Schedule for the most up-to-date information and see Patriot web to register for classes.