Restricted to students in the McCombs School of Business Honors Program. An exploration of concepts and their application in transaction analysis and financial statement preparation; and analysis of financial statements. Three lecture hours a week for one semester. Accounting 311 and 311H may not both be counted. Offered on the letter-grade basis only. Prerequisite: Twenty-four semester hours of college credit including Economics 304K, Management Information Systems 301, 301H, or 302F, and credit or registration for Business Administration 324H.