ACCT 4111 - Intermediate Accounting I

3 Credit Hours
Prerequisites: ACCT 2101 and ACCT 2102 with a grade of B or higher.
Requirements: Must meet RCB upper division course requirements and 45 semester hours.

Description
Students will learn the environmental and theoretical structure of financial accounting, the accounting process, and preparation of an income statement, balance sheet and statement of cash flows. Students will also learn to measure income, do profitability analysis, apply time value of money concepts to financial accounting measurements, account for cash, receivables and inventories, and learn to research financial accounting issues using the FASB Codification Database.