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ACCOUNTING 307 Intermediate Accounting

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    Participation Counts

    Always Do the Reading

    Background Knowledge Expected

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  • 16 terms

    Term:

    Predictive value

    Definition:

    Information is useful in predicting the future.

    • FASB's Conceptual Framework
    • 16 terms
    • Vocabulary for FASB's Conceptual Framework. Find, create, and access Accounting, flashcards with Course Hero.

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    • Profile picture
    Jun 07, 2017
    | Would highly recommend.

    This class was tough.

    Course Overview:

    This course mad accounting accessible to me. It expanded my knowledge.

    Course highlights:

    The course bought a clearer understanding to subjects prior course on touch on.

    Hours per week:

    12+ hours

    Advice for students:

    Read your materials several times if necessary and allow yourself time to complete assignments

    • Spring 2017
    • Julie Stovall
    • Yes
    • Background Knowledge Expected Always Do the Reading Participation Counts
    • Profile picture
    May 10, 2016
    | Would recommend.

    Not too easy. Not too difficult.

    Course Overview:

    This course helps you understand previous accounting class in a more deeper level. Things that were over looked were thoroughly explained in this class.

    Course highlights:

    what I learned about this course was how to an income statement is actually written. I learned that in a business, accrual basis measure of performance is a better option because it reports earned profits as revenue before you actually receive the money or expenses before paying out the bills. On the other hand, cash basis measure of performance will only provide information of what has only occurred.

    Hours per week:

    9-11 hours

    Advice for students:

    I would tell students considering this course to read, practice the worksheets, and read alot. The more you practice the better you get and are able to understand the course.

    • Spring 2016
    • Karin Caruso
    • Yes
    • Math-heavy Participation Counts Great Discussions

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