Intermediate Accounting I
Issued by
Northeastern State University
A review of the accounting cycle and advanced work in the areas of cash, temporary investments, receivables, inventories, current liabilities, operational assets, and revenue recognition.
- Type Validation
- Level Intermediate
- Time Months
- Cost Paid
Skills
Earning Criteria
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Instructional strategies include: audio visual materials, discussion, computer-based training, practical exercises, lectures.
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SLO 1. Identify the four primary elements on the statement of net income.
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SLO 2. Communicate the basic revenue recognition and measurement issues.
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SLO 3. Compare and contrast the presentation of the statement of net income using the multi-step and single-step approaches.
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SLO 4. Summarize accounting treatment for short-term operating assets.
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SLO 5. Summarize accounting treatment for long-term operating assets.
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SLO 6. Explain the role of the financial accounting standard setters in the United States and internationally.
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Badge earners must complete the following course: ACCT 3303 - Intermediate Accounting I.