ACCT-202 Principles of Accounting II

4 cr.

This course begins with the accounting for partnerships and corporations, long-term investments and debt, statement of cash flows, and financial statement analysis. This is followed by a study of managerial accounting including cost flows, behavior, allocations and control, with standards and variance analysis, product costing using job order and process systems, and operating and capital budgeting. [NM Common Course Number: ACCT 2123, Business Transfer Module] Prerequisites: ACCT-201 Offered: Fall, Spring