John Watson

This badge was issued to John Watson on 22 Feb 2021.

Intermediate Accounting II (ACC202)
  • Type Validation
  • Level Foundational
  • Time Months
Additional Details

Intermediate Accounting II (ACC202)

Issued by Penn Foster

The course objective is to provide students with an expansion on materials presented in Intermediate Accounting 1. Topics examined and discussed include inventories; investments; intangible assets; current, contingent, and estimated liabilities; premium and discount on long term debt; and stockholder's equity.

  • Type Validation
  • Level Foundational
  • Time Months
Additional Details

Skills

Earning Criteria

  • The methods of assessment include quizzes, examinations, and a comprehensive proctored final exam with a minimum passing score of 70 percent.
  • The methods of instruction include practical exercises, textbook, and a digital study guide. The general course topics include valuation and reporting of investments and current obligations; valuation and reporting of long-term obligations, part 1; valuation and reporting of long-term obligations, part 2; and additional financial reporting issues.

Endorsements

  • American Council on Education

    American Council on Education

    This credential has been successfully evaluated by the American Council on Education for college credit. It is recommended for a total of 3 college credits. For more information about ACE CREDIT evaluations, visit www.acenet.edu.
  • American Council on Education

    American Council on Education

    3 semester hours in Intermediate Accounting in the upper-division undergraduate category