Intermediate Accounting II

This course is a continuation of Intermediate Accounting I. It is designed to cover the discussion, appreciation and application of the PFRS on the liabilities, financial and non-financial and shareholders´ equity including disclosure requirements. It also deals with contemporary issues such as leases, employee benefits and income taxes. The related internal control, ethical issues, and management of liabilities and owner(s)’ equity are also covered. It also deals with contemporary issues such as borrowing costs, leases, employees retirement benefits, deferred income tax, other provisions and contingencies.