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Intermediate Accounting I


Course Description

Building on accounting fundamentals, theoretical aspects of accounting are studied in-depth. Topics emphasize external financial reporting standards and the underlying accounting assumptions, concepts and principles pertaining to the accounting model. Recent developments in accounting valuation and income determination and the related disclosure practices and reporting procedures, as recommended by professional accounting associations and applied in business today, are emphasized. The course content includes accounting for operational assets, deferred and intangible assets, and long term intercorporate investments. Special topics are considered when appropriate.

Course Number



ACCT 1107