ACIS-3116: 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: N/A
Crosslist: N/A
Repeatability: N/A
Sections Taught: 35
Average GPA: 3.02 (rounds to B)
Strict A Rate (No A-) : 26.73%
Average Withdrawal Rate: 2.50%
| Jacob L Shortt | 2023 | 27.8% | 34.4% | 29.5% | 2.3% | 1.7% | 4.2% | 2.86 | 10 |
| Staff Valentine | 2021 | 23.8% | 38.1% | 33.3% | 0.0% | 0.0% | 4.8% | 2.87 | 1 |
| Dana P Garner | 2022 | 42.4% | 33.5% | 17.2% | 3.0% | 2.6% | 1.2% | 3.11 | 7 |
| Randal J Gatzke | 2024 | 36.7% | 34.9% | 23.8% | 2.2% | 0.9% | 1.6% | 3.04 | 10 |
| Michael C Wolfe | 2020 | 44.5% | 34.4% | 12.6% | 3.7% | 2.4% | 2.3% | 3.13 | 7 |