ACCT 3301 Financial Accounting Standards and Theory I
This course addresses, in a comprehensive manner, financial accounting and reporting standards. Emphasis is given to the application of accounting theory in the development of general purpose financial statements. The issues of asset valuation and income measurement are explored.
Course overview
- Department
- Accounting
- School
- CSOM
- Credits
- 3
- Level
- Undergraduate
- Offered
- Every Fall, Every Spring
Catalog details
Requirements fulfilled
- General Management: Accounting area options (Current University Catalog; choose two areas and complete each area's criteria)
- Accounting: REQUIRED 12 credit hours in (Current University Catalog; students should confirm their catalog year)
- Accounting for CPAs: Required 18 Credit Hours (Current University Catalog; students should confirm their catalog year)
Course evaluations
- Course rating
- 4.18 / 5 · Very Good
- Instructor rating
- 4.43 / 5 · Very Good
- Terms evaluated
- 10
| Term | Instructor | Course overall | Instructor overall | Well organized | Clear learning objectives | Intellectually challenging | Helpful assignments | Applicable beyond course | Attendance necessary | Weekly effort | Responses |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Spring 2026 | John Driscoll | 3.8 | 4.0 | 4.6 | 4.5 | 4.8 | 4.4 | 4.7 | 4.6 | 4–6 hrs/week | 40 of 43 |
| Fall 2025 | Lian Fen Lee | 4.2 | 4.8 | 4.9 | 4.9 | 4.9 | 4.8 | 4.6 | 4.9 | 4–6 hrs/week | 30 of 37 |
| Spring 2025 | Edward Taylor | 4.5 | 4.7 | 4.6 | 4.6 | 4.7 | 4.7 | 4.8 | 4.8 | 1–3 hrs/week | 40 of 44 |
| Fall 2024 | Lian Fen Lee | 4.4 | 4.6 | 4.8 | 4.8 | 4.9 | 4.8 | 4.7 | 4.9 | 4–6 hrs/week | 46 of 53 |
| Spring 2024 | Edward Taylor | 4.4 | 4.8 | 4.4 | 4.7 | 4.5 | 4.8 | 4.8 | 4.8 | 4–6 hrs/week | 40 of 43 |
| Fall 2023 | Lian Fen Lee | — | — | — | — | — | — | — | — | — | 48 of 51 |
| Spring 2023 | Doris Kelly | 3.8 | 3.8 | 4.3 | 4.4 | 4.8 | 4.3 | 4.7 | 4.7 | 4–6 hrs/week | 31 of 38 |
| Fall 2022 | Lian Fen Lee | 4.3 | 4.5 | 4.8 | 4.7 | 4.8 | 4.6 | 4.6 | 4.8 | 4–6 hrs/week | 30 of 35 |
| Spring 2022 | Doris Kelly | 3.8 | 3.8 | 4.4 | 4.7 | 4.8 | 4.6 | 4.6 | 4.6 | 4–6 hrs/week | 39 of 44 |
| Fall 2021 | Lian Fen Lee | 4.4 | 4.9 | 4.9 | 4.9 | 4.9 | 4.6 | 4.7 | 4.8 | 4–6 hrs/week | 23 of 36 |
Data freshness
Instructors
Sections
- Section 01
- Section 01