ACCT-310 - Intermediate Accounting 1

3 credits

This course is designed to provide the student with a comprehensive study of the Generally Accepted Accounting Principles and a thorough knowledge of the conceptual framework used in preparing general purpose financial statements. The nature, importance, recording procedures, and presentation of the following balance sheet items are systematically examined: cash, receivables, inventories, plant property and equipment, and intangible assets. Ethics and the need for critical thinking will be interjected throughout the course. Due to the complexity of the subject matter, four class hours are required to present and review the material.

Prerequisite(s): ACCT-210