Intermediate Accounting I
General
Prefix
ACCT
Course Number
381
Course Level
Undergraduate
Department/Unit(s)
College/School
Herberger Business School
Description
Financial accounting, standard-setting, and basic financial statements. Current and long-term assets and current liabilities.
Prerequisites
Credits
Min
3
Max
3
Repeatable
No
Goals and Diversity
MN Goal Course
No
Cultural Diversity
No
Learning Outcomes
Outcome
Examine and describe the objectives of financial reporting, the standard setting process, and the conceptual framework underlying financial accounting.
Outcome
Measure amounts for transactions, record transactions, and describe disclosure under GAAP for the following financial statement topics: a) cash and receivables, b) inventory, c) property, plant, and equipment, d) intangible assets, and e) current liabilities.
Outcome
Write research papers on accounting issues using the Financial Accounting Standards Board (FASB) Codification.
Outcome
Complete a spreadsheet project.
Dependencies
Courses
ACCT381
is a
prerequisite
for:
Programs
ACCT381
is a
completion requirement
for: