Credit Weight: 0.5 Prerequisite(s): Business 3012, 4032 Corequisite(s): Business 3012, 4032 Description: The fundamental structure of accounting theory is developed through the study of concepts related to accounting and an examination of the literature dealing with the formulation of accounting principles. A major part of the course is also devoted to study of the pros and cons of various unsettled issues involved in the determination and disclosure of enterprise periodic income.