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
Skills
Earning Criteria
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The methods of assessment include quizzes, examinations, and a comprehensive proctored final exam with a minimum passing score of 70 percent.
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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.