- Intermediate Accounting I

Catalog description

An examination of accounting principles and the study of the foundations of accounting theory and practice. Emphasis is placed on the conceptual framework of accounting and the development of generally accepted accounting principles including the FASB Codification, SEC, IASB, and other standards setting bodies; time value of money concepts, accounting for stockholders' equity; revenue recognition, the cash flow statement, and the presentation of the balance sheet and income statement. Ethical issues and concerns are stressed throughout the course.