DIITCTG BBA,Intermediate Accounting
This intermediate financial accounting course emphasizes the critical concepts of assets, liabilities and shareholders' equity. This course is designed to provide the students with the opportunity to identify, interpret and apply current accounting standards in the areas of: investments, capital and intangible assets; current and long term liabilities, and Shareholders' Equity.
Upon successful completion of this course the student will have reliably demonstrated the ability to:
1. Calculate and record detailed transactions relating to investments, capital and intangible assets.
2. Differentiate between and use various techniques of reporting for current and long term liabilities and contingencies.
3. Account for the various components of Shareholders’ Equity.
4. Prepare financial statement notes to meet disclosure requirements.
5. Identify and differentiate between requirements under Generally Accepted Accounting Principles (GAAP) for Private Enterprise and International Financial Reporting Standards (IFRS) for all elements of the financial statements under study.