INTERMEDIATE ACCOUNTING I

PREREQUISITE: ACCT2004
The first of a two-course in-depth financial accounting sequence that examines the foundations of accounting theory and practice from the viewpoint of preparers and users of financial statements. This course focuses on a detailed examination and application of Generally Accepted Accounting Principles as they relate to the asset side of the balance sheet. Topics include the more complex details and attributes of accounting conceptual framework, financial statements and required disclosures, time value of money, cash, revenue recognition, receivables, inventory, and long-lived assets.