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Virginia Tech

ACIS-3115: Intermediate Financial Accounting

Description: Intermediate financial accounting. 3115: In-depth analysis of basic concepts of external financial reporting. Includes asset and related transaction analysis and preparation of financial statements in accordance with generally accepted accounting principles. Discusses the historical development accounting theory and practice as well as discussion and exploration of international accounting standards and ongoing and potential developments in accounting practice. 3116: In-depth analysis of liability, equity, and tax related transactions and their subsequent impacts on financial reporting. Interpret financial accounting standards including requirements to adjust financial statements due to errors and corrections. Prepare the statement of cash flows in accordance with generally accepted accounting principles. Course credit will not be awarded for both ACIS 3115 and ACIS 4194.

Pathways: N/A

Course Hours: 3 credits

Corequisites: ACIS-2504

Crosslist: N/A

Repeatability: N/A

Sections Taught: 51

Average GPA: 2.77 (rounds to B-)

Strict A Rate (No A-) : 19.05%

Average Withdrawal Rate: 8.90%

Matthew J Erickson202420.9%34.7%25.1%7.5%3.2%8.7%2.6621
Michelle R Lowry202430.3%30.4%20.0%6.0%3.2%10.0%2.8414
Jonathan G Diyorio202223.8%28.6%9.5%14.3%0.0%23.8%2.831
Matthew A Cobabe202330.2%30.6%24.4%5.5%1.7%7.5%2.8614
Jacob L Shortt202422.8%45.8%25.7%2.8%0.0%2.9%2.901

Grade Distribution Over Time

1234GPA
Spring 2019Fall 2019Spring 2020Fall 2020Spring 2021Fall 2021Spring 2022Fall 2022Spring 2023Fall 2023Spring 2024Summer I 2024Fall 2024Term050% W