Emphasis is on the second half of intermediate financial accounting topics. Topics include investments, current and long-term liabilities, corporate equity including share-based compensation plans, accounting for leases, inter-period income tax allocation, pensions and other post-retirement benefits, statement of cash flows, and accounting for changes and error corrections. Prerequisites for College of Business majors and minors: Admission to the College of Business and ACCT 311 - Intermediate Accounting I. Prerequisites for non-College of Business majors and minors: Junior standing and instructor’s permission. Grade only. Offered each semester.