Aug 06, 2026  
2025-2026 LCC College Catalog 
  
2025-2026 LCC College Catalog
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ACCG 221 - Intermediate Accounting II


4 Credit Hour(s) / 4 Billing Hour(s)
Intermediate Accounting II is the second in a two-course sequence, focusing on financial accounting and reporting, especially for publicly-traded corporations. Topics include accounting for investments, liabilities, and shareholders’ equity. In addition, the statement of cash flows and accounting changes and error correction are reviewed in depth.

Semesters Offered: Fall, Spring
Prerequisite(s): Minimum 2.0 in ACCG 220  
Placement Scores: Reading Level 5
Course Note: Knowledge of Microsoft Excel is recommended, and access to Microsoft Excel is needed to complete required assignments



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