ACNT 1373 (3 Credit Hours)
Offered at MVC
Financial Accounting Reporting Standards I
This is a Local Need Course.
Prerequisite Recommended: ACNT 1372.
Course Description: A study of financial reporting and disclosure issues with an emphasis on the use of corporate financial statements and their accompany footnotes. Covers the theoretical structure of financial accounting, required financial statements, revenue recognition, operating assets, current liabilities and long-term liabilities. This course is for students who possess a Bachelor’s degree and is part of the Certificate in Professional Accountancy. It may qualify as an upper division accounting course for the uniform Texas CPA exam. (3 Lec.)