Intermediate Accounting 1

COURSE DESCRIPTION: This is the first of a three-part study in financial accounting which focuses on the accounting for current and noncurrent assets.

 

GENERAL OBJECTIVES: Upon completion of this course, the learners are expected to:

1.    Be able to state the recognition criteria and initial and subsequent measurements of the various current and noncurrent assets.

2.    Demonstrate knowledge and skills in accounting for current assets and noncurrent assets through problem solving.