UoPX ACC/291: Principles of Accounting II
ACC/291 continues from ACC/290 into the key balance sheet areas managers review for decisions — receivables, plant assets, liabilities, bonds, stocks and dividends — and finishes with the statement of cash flows and financial statement analysis. It completes the principles sequence in UoPX business programs.
Fennie is independent and not affiliated with University of Phoenix. This is an unofficial study guide.
Build my ACC/291 study planWhat makes it hard
Every week introduces measurement methods with their own rules — depreciation approaches, bad debt estimation, bond pricing — and five weeks gives them no time to settle before the next batch. The statement of cash flows is the notorious finisher, and any ACC/290 mechanics that never became automatic get re-billed here with interest.
What you'll cover
- • Receivables and bad debt
- • Plant assets and depreciation
- • Bonds and long-term liabilities
- • Stocks and dividends
- • The statement of cash flows
- • Financial statement analysis
The ACC/291 study guide
How to study for UoPX ACC/291, step by step.
- 1
Re-drill ACC/290 before the block opens
ACC/291 assumes journal entries and statement relationships are reflexive. A few days re-practicing the accounting cycle between courses pays off in every one of the five weeks.
- 2
Keep a running methods table
Each week adds methods — depreciation options, allowance estimates, bond premium and discount. One table of when each applies and how it computes keeps them from blurring at assessment time.
- 3
Practice daily through every unit
There is no coasting week in ACC/291. Each topic's problems need reps before its deadline, and a 5-week course re-tests earlier mechanics constantly.
- 4
Start cash flow practice early
The statement of cash flows lands at the end, when fatigue is highest. Work indirect-method problems before that week opens and trace each operating adjustment to its reason.
- 5
End every problem with the management takeaway
The course frames these topics as what managers review for decisions. One sentence on what the number means — collectability, leverage, cash health — is what lifts answers to rubric level.
- 6
Keep the methods straight with Fennie
Upload your ACC/291 materials and Fennie's Daily Plan paces each method's practice ahead of its weekly deadline, with flashcards and quizzes built from the actual content so depreciation approaches never blur on an assessment. It's free to get started.
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How Fennie helps with ACC/291
Fennie's Daily Plans pace ACC/291 so each week's measurement methods get drilled before the next batch arrives — and the cash flow statement gets early runway instead of a final-week scramble. Chat through why an adjustment or estimate works the way it does, and use generated quizzes to test method selection alongside computation.
FAQ
Is ACC/291 harder than ACC/290?
Most students find it denser — every week brings new measurement methods, and the statement of cash flows at the end is widely considered the hardest topic in the sequence. Solid ACC/290 mechanics make it manageable; gaps from 290 make it brutal.
What does ACC/291 cover?
The balance sheet areas managers analyze: receivables, plant assets and depreciation, bonds and liabilities, stocks and dividends, plus the statement of cash flows and basic financial statement analysis.
How do I prepare for ACC/291?
Make ACC/290's journal entries and statement relationships automatic before day one, then commit to daily problem practice. Keep a comparison table of the measurement methods as they accumulate — they blur together fast in five weeks.
Pass ACC/291 with a plan, not a cram
Upload your ACC/291 materials and Fennie generates a Daily Plan paced to your deadline — plus chat, flashcards, and quizzes built from the actual course content.
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