INTERMEDIATE ACCOUNTING I (2/2 Credits)

Learning outcomes:

On successful completion of this course, student will be able to: Prepare Income statement and Statement of Financial Position; Apply the time value of money concept on the accounting topics; Explain the principle of recognition related assets and liabilities in accordance with Financial Accounting Standards (SAK) and International Financial Reporting Standards (IFRS); Apply the accounting concepts in measurement and presentation related to assets and liabilities in accordance with Financial Accounting Standards (SAK) and International Financial Reporting Standards (IFRS); Analysis of assets and liabilities from the financial statement

Topics:

1. The Accounting Information System;
2. Income Statement and Related Information;
3. Statement of Financial Position and Statement of Cash Flows;
4. Accounting and The Time Value of Money;
5. Cash and Receivables;
6. Valuation of Inventories: A cost-Basis Approach;
7. Inventories: Additional Valuation Issues;
8. Acquisition and Disposition of Property, Plant, and Equipment;
9. Depreciation, Impairments, and Depletion;
10. Intangible Assets;
11. Current Liabilities, Provisions, and Contingencies;
12. Non-Current Liabilities