Financial Accounting II

Financial Accounting II is an introductory financial accounting course that is taken after the completion of Financial Accounting I. The course is designed to cover additional topics in financial accounting using numerous examples to reinforce the concepts. Topics for the course include Property, Plant, and Equipment and Intangibles, current liabilities, partnerships, organization and operation of corporations, corporate reporting, bonds, accounting for debt and share investments, reporting and analyzing cash flows, and analyzing financial statements. The coursework for Financial Accounting I and II were created to meet all of the Financial Accounting Competencies to enter the CPA program.

While the course is adaptable, this course was created as a way of easily using the “flipped-classroom” approach. In this approach, the instructor completes an example and the class is then given time to work through an example. Students share their work with their peers to compare answers (known as “Think-Pair-Share”).

Included in this course are lesson plans, an instructor manual, a course supplement guide, practice questions, assignments, tutorial videos and exams. The course readings include an open textbook for each topic.

Accessibility Statement: The audio in the provided tutorial videos does not always provide a description of what is being displayed.