ACC 20100 Intermediate Accounting I

Comprehensive treatment of underlying theories in accounting principles and procedures for merchandising and manufacturing businesses; analysis and interpretation of financial statements and current GAAP (Generally Accepted Accounting Principles) guidelines along with the convergence of International Financial Reporting Standards (IFRS), regarding income determination, the accounting process and financial statements, cash and receivables, inventories, investments, asset acquisition, use (depreciation) and disposal, and present value techniques.

(Note: This course can be used to satisfy the lower level 33 semester hour requirement but CAN NOT be used for the Financial Accounting and Reporting requirement for the CPA Licensure exam).