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).
Prerequisites