Course Description for Intermediate Accounting Problems and Concepts I
Intermediate Accounting Problems and Concepts I
Prerequisite: ACG 2021 with a "C" or better.
Co-requisite: CGS 1100.
Description: The course is a study of accounting principles and assumptions underlying the theories of matching costs and revenues to determine income and financial position. The course stresses asset acquisition, valuation, and allocation. The course encourages a critical evaluation of existing accounting theory and practice.
Availability: Offered every semester.