Spring 2027

Financial Reporting II

Financial Reporting II examines advanced financial accounting theory for reporting to external users, covering topics like revenue recognition, taxes, and leases.

offering recorded3 credits
Recorded instructors · Spring 2027 Dan Lynch3.8/5

Summary

1 / 5

Past student reviews · Matthew Griffith

The course was significantly harder than Accounting 301, with exams that students found difficult.

What you’ll be able to do

  • Explain complex financial events and their effect on financial statements, cash flows and accounting-based contracts.

  • Explain the measurement and valuation concepts of financial statement elements, including complex fair value concepts.

  • Recognize and discuss controversial and emerging practices in valuation and the potential economic consequences of these accounting rules.

  • Interpret how financial information may impact a company, management decisions or investor decisions.

  • Identify and apply appropriate accounting standards to complex economic events.

  • Analyze a problem and arrive at a conclusion that integrates all available information and justify their conclusion convincingly to others.

  • Develop and demonstrate effective communication and networking skills with their class peers.

  • Reflect on how to pursue their future career goals within the accounting profession and how those goals compare with those of their peers.

  • Apply knowledge of complex financial events and concepts learned in the course to analyze a recent Form 10-K filing.

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
C
D
F

All recorded terms · compare terms & instructors

Prerequisites

Course map

ACCT I S 701

ACCTIS 702 used by

“Used by” includes alternatives; linked courses may have other requirements. This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027
Adjusted rating
RMP difficulty
captured reviews
About this rating

Raw average: 4.33/5 from 6 quality ratings. The adjusted rating blends this with the UW review average (3.66/5), weighted as 20 additional ratings. Smaller samples stay closer to that average. Each captured review is counted once in the prior; this does not correct who chooses to leave a review.

RMP profile ↗ · All captured review dates; profile matched by name.

Recent recorded grades — Spring 2018: 3.33 GPA, 50.0% A/AB (n=6 letter grades); Spring 2019: 3.19 GPA, 25.0% A/AB (n=8 letter grades).

Historical instructors & teaching patterns

DAN LYNCH is recorded teaching in Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Fall 2022, Fall 2023, Fall 2024, Fall 2025. Recorded history may be incomplete and does not establish a future schedule.

MATT GRIFFITH is recorded teaching in Spring 2022, Spring 2023, Spring 2024, Spring 2025, Spring 2026. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
LEC 001Classroom Instruction0 / 450
LEC 002Classroom Instruction0 / 450
LEC 003Classroom Instruction0 / 450

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records
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Student experience

the class

Past student reviews · Matthew Griffith

Students found the content challenging but noted that Professor Griffith explained concepts more clearly than the textbook.

Recent recorded grades — Spring 2018: 3.33 GPA, 50.0% A/AB (n=6 letter grades); Spring 2019: 3.19 GPA, 25.0% A/AB (n=8 letter grades); Spring 2022: 3.67 GPA, 66.7% A/AB (n=3 letter grades).

difficulty & workload

Past student reviews · Matthew Griffith

The course was significantly harder than Accounting 301, with exams that students found difficult.

Past student reviews · Matthew Griffith

Professor Griffith spoke very fast, but students found him accessible for help and appreciated his review of quizzes and exams.

Topics

  • Dilutive securities, investments, revenue recognition, income tax allocation, pensions, leases, and accounting changes
  • Measurement and valuation concepts, including complex fair value
  • Controversial and emerging practices in valuation

Skills

  • Apply accounting standards to complex financial events
  • Analyze problems and justify conclusions
  • Analyze recent Form 10-K filings
  • Effective communication and networking

Grades

Latest available · Spring 2022— not enough history to project Spring 2027.

average GPA
A / AB grades
letter grades
Instructor

Grade distribution · % of letter grades

A
AB
B
BC
C
D
F

Grades over time

Through Spring 2022

More grade details Grade mix, volume & source data

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

Download part 1
Selected offering source records
ACCTIS 702 · Spring 2027

Financial Reporting II

Recorded 2026-10-14
Raw records 
[
  {
    "run_id": "20261014T203208-0851c9a1",
    "semester": "1274",
    "observed_at": "2026-10-14 17:50:09.728220+00:00",
    "offering_id": "1274:232:003018",
    "course_id": "ACCTIS 702",
    "course_uid": "course_9b192835b2b370828803ed7a",
    "term_id": "1274",
    "source_course_id": "003018",
    "source_subject_id": "232",
    "title": "Financial Reporting II",
    "credits_min": 3,
    "credits_max": 3,
    "typically_offered": "Occasionally"
  }
]
Rate My Professors

Student reviews

Original comments behind the course and instructor summaries.

Read original reviews
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Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Dataset & model

Recorded 2026-10-14

View the dataset on Hugging Face
Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Download part 1
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Download part 1
Model & dataset provenance 
{
  "model": "Qwen/Qwen3.8-27B",
  "model_revision": "1d4bf0f2ff6012fd82039f2fa52739d0dd7c60c0",
  "task_version": "17",
  "output_id": "8ad04239ddfd9a07b8ede01413d83dd764e6c7156f435037e9ee9710a3a293c8",
  "requirements_status": "valid",
  "dataset_revision": "fc1811fa52e581ea57a35c0cf3343f8740a8ffbf",
  "observed_at": "2026-10-14 17:50:09.728220+00:00"
}