ACTG 3120 3.00

Title INTERMEDIATE FINANCIAL ACCOUNTING II
Level Undergraduate
Department ACCOUNTING - ROOM SSB S344K, (416) 736-5062 fax (416) 736-5687
Description This is an extension of SB/ACTG 3110.03, but with a primary focus on the valuation and presentation of liabilities and owners' equity. Major topics include current, long-term and contingent liabilities; leases; pensions; corporate income tax allocation; capital transactions, earnings per share and analysis of financial statements under differing accounting policies. The criteria by which both preparers and users make decisions are emphasized. Note: Not available to exchange students visiting Schulich. Prerequisite: SB/ACTG 3110 3.00