Prerequisites: ACCT 3600. This is a follow-up course to Intermediate Accounting I. This course focuses on income measurements, valuation, and reporting issues related to intangibles, current and long-term liabilities, bonds payable, pensions, leases, and taxes. All prerequisite courses must be completed with a grade of “C” or better. In order to major in Accounting, a grade of “B” or better must be earned in ACCT 2400 and ACCT 2500.