ACCT 2100 Intermediate Accounting I

ACCT 2100: Intermediate Accounting I

Description

Intermediate Accounting I introduces accounting theory and concepts with an analysis of the influence on financial accounting by various boards, associations, and governmental agencies.

Credits

Prerequisite

None

Corequisite

None

Topics to be Covered

1. Preparation and analysis of properly classified financial statements, cash components, receivables, and inventories.

Learning Outcomes

1. Discuss standards of accounting and accounting principles

2. Define and apply GAAP to accounting cycle

3. Analyze and interpret financial statements for various business entities

4. Demonstrate the ability to apply different inventory valuations

5. Develop a sense of personal, social, professional, and work ethics

Credit Details

Lecture: 4

Lab: 0

OJT: 0

MnTC Goal Area(s): None