Intermediate Financial Accounting I

This course covers topics related to assets which were introduced in the introductory courses. Topics are covered in more depth and with greater emphasis placed on the theoretical and conceptual background than in the introductory courses. The part I course also covers the classified Statement of Financial Position and reporting of financial performance using the Income Statement, Statement of Comprehensive Income, Statement of Retained Earnings, and Statement of Changes in Equity. Generally accepted accounting principles for private entities (PE GAAP or ASPE) as well as International Financial Reporting Standards (IFRS) for publicly accountable entities will be compared.

Note: Check with the institution regarding start/end dates, prices, and delivery method. These may vary according to program, section, and/or semester.