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Virginia Tech

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

Prerequisites: ACIS-3115

Required By: ACIS-4114

Corequisites: N/A

Crosslist: N/A

Repeatability: N/A

Sections Taught: 113

Average GPA: 2.76 (B)

Strict A Rate (No A-) : 15.12%

Average Withdrawal Rate: 3.27%

Reza Barkhi201116.3%55.6%28.2%0.0%0.0%0.0%2.862
Jacob L Shortt202326.7%37.8%27.0%3.3%1.5%3.7%2.8715
Robert M Brown200912.1%35.4%35.3%14.7%2.4%0.0%2.428
Staff Valentine202123.8%38.1%33.3%0.0%0.0%4.8%2.871
Lynn A Almond201216.0%44.0%16.0%0.0%8.0%16.0%2.731
Dana P Garner202242.4%33.5%17.2%3.0%2.6%1.2%3.117
John A Brozovsky201711.6%34.3%34.7%10.0%3.9%5.4%2.3917
Randal J Gatzke202435.4%35.1%24.4%2.5%0.8%1.7%3.018
Patricia G Lobingier200711.2%42.9%34.1%10.9%0.9%0.0%2.503
Mitchell J Oler201516.2%50.7%25.4%3.2%1.0%3.4%2.7931
Michael C Wolfe202038.0%36.8%16.6%4.1%1.7%2.8%3.0410
David Godsell201722.9%41.5%23.5%3.6%1.3%7.1%2.876
Jennifer H Williams201831.7%42.7%16.5%7.7%0.0%1.5%3.012
Frederick M Richardson200613.8%18.1%53.8%10.3%4.0%0.0%2.242

Grade Distribution Over Time