Intermediate Financial Accounting I

Catalog description

This course provides an overview of the conceptual accounting framework and accounting principles. Topics include applying accounting elements that impact the financial reporting of revenue, expenses, current assets, long-term assets, intangible assets, and other assets. Students will learn how to prepare and present complex components of the income statement and balance sheet. Additionally, students will gain knowledge of generally accepted accounting principles to prepare financial reporting information that impacts internal and external stakeholders.