Course Summary
Credit Type:
Organization's ID:
Accounting 202
40 hours and 16 weeks
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Accounting II


The course objective is for students to understand important intermediate accounting concepts such as corporate income taxes, methods for cost accounting and post-retirement benefits.

Learning Outcomes:

  • account for and disclose financial information for transactions involving fixed and intangible assets
  • demonstrate understanding of accounting for securities and investments by preparing entries and properly recording financial information under a variety of different scenarios
  • account for and disclose financial information for transactions as they apply to current liabilities and contingencies
  • account for and disclose financial information for transactions involving bonds and notes payable
  • prepare and describe transactions about a company's leases, for both operating leases and capital leases
  • record transactions and prepare proper financial information as it pertains to stockholder equity transactions and comprehensive income
  • calculate corporate income and account for corporate income taxes
  • explain the different type of entries and financial disclosures required for pension plans and related post-retirement benefits, such as medical insurance
  • account for a variety of accounting changes and error types found on the financial statements, including prospective and retrospective-type disclosures

General Topics:

  • Accounting for Fixed & Intangible Assets Accounting for Securities & Investments Accounting for Liabilities & Contingencies Accounting for Bonds & Notes Payable Accounting for Operating & Capital Leases Accounting for Shareholder Equity & Comprehensive Income Cash Flows & Disclosures Accounting for Corporate Income Taxes Pensions & Post-Retirement Benefits Identifying & Correcting Errors in Accounting
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials

Methods of Assessment:

  • Examinations
  • Quizzes
  • Proctored Final Exam

Minimum Passing Score:

Supplemental Materials