AC 2410 - Intermediate Accounting

This course provides a comprehensive study of the application of generally accepted accounting principles and financial statements for financial reporting and disclosure of current and noncurrent assets. Particular emphasis is placed on the corporate form. Topics of coverage include financial statements, current assets, inventory, property, plant, and equipment, and intangible assets. Students will apply the revenue recognition principle; demonstrate an understanding of financial reporting and disclosure of an entity’s assets; and apply financial accounting standards to an entity’s assets. Credits: 4