ACCT 511 - Intermediate Accounting I

3 Credits
This course builds upon the fundamental accounting process studied in ACCT 510 and focuses on significant processes of the major categories of the balance sheet and statement of cash flow and income statements. Students will apply applicable APB and FASB pronouncements and related topics for specific accounting situations.

Prerequisite(s): ACCT 510
Course Learning Outcomes:
1. Create and analyze balance sheets, income statements, and statements of cash flow, with financial disclosures.
2. Evaluate comprehensive income.
3. Apply the concepts of time value of money.
4. Evaluate the measurement of inventories.
5. Evaluate the measurement of property, plant, and equipment.