P: A201 and A202.  A310 is a one-semester course, primarily intended for
finance majors, that covers all the traditional intermediate accounting
topics. The course provides students with a thorough understanding of
the theoretical foundations underlying financial reporting, the rules
used by accountants to measure the effects of business decisions and to
report the effects to external parties, the use of judgment in financial
reporting, and the transformation of cash flow decisions into
accrual-based and cash-based financial statements. Students are expected
to develop technical, analytical, and interpretive skills related to
economic transactions and accrual-based financial statements. Accounting
students should take A311 and A312 to satisfy accounting major
requirements. Credit not given for both A310 and A311 or A312.