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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: 195

Average GPA: 2.55 (B-)

Strict A Rate (No A-) : 13.84%

Average Withdrawal Rate: 6.70%

Michelle R Lowry202428.3%30.6%21.4%5.7%2.7%11.2%2.8319
Matthew J Erickson202320.3%35.7%24.3%7.0%3.2%9.4%2.6721
Jonathan G Diyorio202223.8%28.6%9.5%14.3%0.0%23.8%2.831
John A Brozovsky201113.4%30.6%39.9%12.0%3.4%0.8%2.3515
Matthew A Cobabe202330.2%30.6%24.4%5.5%1.7%7.5%2.8614
Cintia M Easterwood201515.6%24.1%27.7%15.2%6.1%11.3%2.2928
Nancy L Christie20109.8%32.4%35.8%9.1%4.9%7.9%2.3312
Weiguo Fan201212.4%48.0%26.0%6.4%0.0%7.1%2.744
Robert M Brown200529.5%45.2%20.9%3.9%0.5%0.0%2.994
Lynn A Almond201113.5%37.4%29.9%10.9%4.3%4.0%2.4412
Brooke D Beyer201726.1%35.1%24.4%5.2%3.5%5.7%2.759
Nadia A Rogers201815.7%41.9%26.0%6.5%1.2%8.8%2.726
Patricia G Lobingier20088.6%33.2%38.0%16.0%4.2%0.0%2.2315
Daniel Patricia L Derrick200528.6%51.4%16.6%3.3%0.0%0.0%3.043
Jacob L Shortt201625.3%41.4%20.8%6.3%1.1%5.2%2.883
Tracy N Reed20098.0%26.8%42.1%19.3%3.7%0.0%2.154
Craig D Shoulders200446.7%53.3%0.0%0.0%0.0%0.0%3.511
Michael C Wolfe201417.6%36.1%26.2%8.8%1.2%10.1%2.637
Sean M Hillison201719.7%34.7%21.0%5.4%3.5%15.7%2.753
Chang J Song200812.7%35.7%36.9%10.3%4.4%0.0%2.3812
Dana P Garner201721.1%33.5%23.7%6.0%1.8%14.0%2.742

Grade Distribution Over Time