ACC 303 Intermediate Accounting I
This course provides an in-depth study of accounting theory and a review of the accounting cycle. It concentrates on the conceptual framework underlying financial accounting; the preparation of financial statements; the time value of money; the valuation of cash, temporary investments and receivables; the accounting for inventories; property, plant and equipment and intangible assets. The course refers to pronouncements of the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA).