Intermediate Financial Accounting III Supplemental Instruction [SI]

ACCT 3213 This is the last course in a three-course sequence on intermediate financial accounting. The objectives of this course are to reinforce the fundamental knowledge developed in ACCT 3211 and ACCT 3212 and to continue to build the understanding on the theory and practice of financial reporting. During this course, we will cover topics such as income taxes, pensions and other post-retirement benefits, shareholders equity, share-based compensation, earning per share, accounting changes and error corrections, and the statement of cash flows (revisited). Homework and two exams are used to evaluate students’ understanding of the material. Special note: although the emphasis of this course is US GAAP, we are rapidly moving towards convergence with International Financial Reporting Standards (IFRS). Due to the importance many larger accounting firms place on IFRS and the intent by the AICPA to incorporate IFRS into the CPA exam, the material as well as exams will cover content on international accounting standards