ACC 231 - Intermediate Accounting I
Department: Accounting
Description: The study of financial accounting theory and practice relating to monetary assets, inventories, plant assets, intangible assets, current liabilities, contingencies, and stockholders equity. Present value applications, and preparation of financial statements are examined. The following topics are also overviewed: the environment of financial accounting, the development of accounting standards, and the conceptual framework underlying financial accounting.
Credit Hours: 3
Prerequisites: ACC 132; minimum grade of B/C combination between ACC 131 and 132; grade of B or better in ACC 131 and 132 is strongly recommended
Current Offerings
Fall 2025
- 001 - Lecture (In Person): M W 9:35 AM - 10:50 AM , Damien Cannavan 3.00 hour(s) , Majors Only
- 002 - Lecture (In Person): T Th 11:00 AM - 12:15 PM , Joe Johnston 3.00 hour(s) , Majors Only
- 003 - Lecture (In Person): M W 8:00 AM - 9:15 AM , Damien Cannavan 3.00 hour(s)
- 004 - Lecture (In Person): T Th 12:35 PM - 1:50 PM , Joe Johnston 3.00 hour(s)
Dates: 08/18/2025 - 12/06/2025
Location: State Farm Hall of Busine 148 (SFHB 148)
Instructor: Damien Cannavan
Course Specification: Majors Only
Dates: 08/18/2025 - 12/06/2025
Location: State Farm Hall of Busine 354 (SFHB 354)
Instructor: Joe Johnston
Course Specification: Majors Only
Dates: 08/18/2025 - 12/06/2025
Location: State Farm Hall of Busine 148 (SFHB 148)
Instructor: Damien Cannavan
Dates: 08/18/2025 - 12/06/2025
Location: State Farm Hall of Busine 356 (SFHB 356)
Instructor: Joe Johnston
Spring 2026
- 001 - Lecture (In Person): T Th 9:35 AM - 10:50 AM , Joe Johnston 3.00 hour(s) , Majors Only
- 002 - Lecture (In Person): T Th 11:00 AM - 12:15 PM , Joe Johnston 3.00 hour(s)
- 003 - Lecture (In Person): M W 12:35 PM - 1:50 PM , Damien Cannavan 3.00 hour(s)
Dates: 01/12/2026 - 05/02/2026
Location: State Farm Hall of Busine 132 (SFHB 132)
Instructor: Joe Johnston
Course Specification: Majors Only
Textbooks have not been finalized for section.
Dates: 01/12/2026 - 05/02/2026
Location: State Farm Hall of Busine 132 (SFHB 132)
Instructor: Joe Johnston
Textbooks have not been finalized for section.
Dates: 01/12/2026 - 05/02/2026
Location: State Farm Hall of Busine 147 (SFHB 147)
Instructor: Damien Cannavan
Class Notes: Hybrid course. Meets in-person on Wednesdays.
Textbooks have not been finalized for section.