Jan 17, 2021  
2020-2021 Catalog 
2020-2021 Catalog

ACC 202 - Intermediate Accounting II

Class: 3 Credits: 3
This course covers the application of accounting principles and concepts to account evaluation and income determination, including special problems peculiar to corporations and the analysis of financial reports.

Prerequisite(s): Take ACC 201  with a minimum grade of “C”.
Course Topics:
  • Short and Long Term Investments
  • Current and Contingent Liabilities
  • Bonds Payable
  • Leases
  • Pension and Postretirement Benefits
  • Income Tax
  • Stock, Earnings Per Share and Stockholders
  • Statement Of Cash Flows
  • Accounting Changes and Errors

Textbook information can be found on the Book Inn Web site
Required Materials:
  • Computer and Internet Access
  • Publisher’s Access Code is required for online component

Grading System:
An overall grade of C or higher is required for transferability.

A 90 - 100
B 80 - 89
C 70 - 79
D 60 - 69
F 0 - 59

Student Learning Outcomes:
  1. Apply appropriate accounting procedures for current, long-term, and contingent liabilities.
  2. Analyze and employ appropriate procedures for stockholders equity and Earnings Per Share.
  3. Evaluate and record temporary and long-term investments.
  4. Identify the accounting issues associated with income taxes.
  5. Analyze the accounting procedures for Pensions and Postretirement Benefits.
  6. Evaluate accounting for leases.
  7. Evaluate accounting changes and errors and make the appropriate adjustments.
  8. Prepare a Statement Of Cash Flows.

For SCC Online Courses:
If the course you are taking is online, please review the SCC Online Policies that include:

  • Required materials for all online courses
  • Mandatory Attendance Requirement
  • Proctored Exams

Face Covering Requirements:
All faculty, staff and students must wear a face mask/covering at all times (absent a medical condition) on all SCC campuses when safe social distancing measures are not possible or difficult to follow. For further details, refer to the Student Guidelines for Face Coverings and Social Distancing on the SCC Coronavirus COVID-19 Information page.
Standard SCC Course Policies:
Please review the Standard SCC Course Polices on the following topics:

  • Academic Integrity
  • Academic Misconduct
  • Add/Drop period
  • Appeals Process
  • Class Attendance
  • Classroom Behavior (traditional and online)
  • Classroom Conduct/Expectations
  • Lab Procedures (general SCC policy regarding this)
  • Online Confidentiality
  • Services For Students with Disabilities
  • Withdrawal Policy

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Official Course Syllabus