Thomas College

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Number:AC223
Name:Intermediate Accounting I
Description:This course is designed to provide the student with a broad foundation for external financial accounting and reporting. Emphasis is placed on both generally accepted accounting principles and the relationship between balance sheet valuations and income determination. The course integrates accounting, corporate finance and economics to reflect how business transactions are reported. Cash flows and earnings are emphasized to better understand and interpret the effect on a firm’s future prospects. Various topics including financial statement analysis, valuation, credit risk assessments, receivables, inventories and time-value of money are studied.
Credit(s):3
Offered (DAY schedule):Every fall semester
Instructor Permission Required:N
Pre-Requisite(s): AC112

Course Objectives

Upon completion of this course, students will be able to: •Review the environment of financial reporting including the role of the Financial Accounting Standards Board (FASB) in establishing the conceptual framework, and the accounting assumptions and principles that influence the generally accepted accounting principles (GAAP) •Properly record and classify the basic elements of the financial statements •Recognize the importance of financial flexibility and liquidity through an in-depth review of cash, marketable securities and account receivables •Determine inventory valuation using various methodologies

Books Previously Used in this Course

Term Year Title ISBN Author Edition Publisher Instructor New Used Rental eBook
F 2016 INTERMEDIATE ACCT.,2014 FASB..-W/ACCESS 9781118-99-7376 KIESO 15TH 13 WILEY Donato $350 $0 $0
F 2016 INTERMEDIATE ACCT.(LL),FASB-W/ACCESS 9781118-94-3656 KIESO 15TH 13 WILEY Donato $250 $0 $0
F 2016 "INTERMEDIATE ACCT.(LL),FASB-W/ACCESS" 9781118943656 KIESO 15TH 13 WILEY Donato $250 $0 $0 $0
F 2016 "INTERMEDIATE ACCT.,2014 FASB..-W/ACCESS" 9781118997376 KIESO 15TH 13 WILEY Donato $350 $0 $0 $0
F 2015 INTERMEDIATE ACCT.,2014 FASB..-W/ACCESS 9781118997376 KIESO 15TH 13 WILEY Donato $350 $0 $0
F 2015 INTERMEDIATE ACCT.(LL),FASB-W/ACCESS 9781118943656 KIESO 15TH 13 WILEY Donato $250 $0 $0
F 2014 WILEYPLUS ACCESS CARD 9781118111215 WILEY 11 Donato $60 $0 $0
F 2014 INTERMEDIATE ACCOUNTING-W/WILEYPLUS ACC 9781118088302 KIESO 14TH 12 Donato $300 $0 $0
F 2014 INTERMEDIATE ACCOUNTING 9780470587232 KIESO 14TH 12 Donato $0 $100 $0
F 2014 INTERMEDIATE ACCOUNTING-W/WILEYPLUS ACC 9781118088302 KIESO 14TH 12 Donato $300 $0 $0
F 2014 INTERMEDIATE ACCOUNTING 9780470587232 KIESO 14TH 12 Donato $0 $100 $0
F 2014 WILEYPLUS ACCESS CARD 9781118111215 WILEY 11 Donato $60 $0 $0
F 2013 WILEYPLUS ACCESS CARD 9781118111215 WILEY 11 Donato $0 $0 $0
F 2013 INTERMEDIATE ACCOUNTING 9780470587232 KIESO 14TH 12 Donato $0 $0 $0
F 2012 Intermediate Accounting : Report. and Analysis-Package 978-1-133-90323-9 WAHLEN 2013 Wadsworth, Inc Donato $278 $209 $0
F 2011 INTERMEDIATE ACCOUNTING 0-324-65913-X NIKOLAI 11 SW Donato $255 $191
F 2011 PAC CNOW EXPRESS:INTERMED 0-324-78837-1 NIKOLAI 11 Donato $38 $29
F 2010 INTERMEDIATE ACCOUNTING 0-324-65913-X NIKOLAI 11 SW Donato $207 $155
F 2010 INTERMEDIATE ACCT. BUNDLE 1-111-12165-6 NIKOLAI 11 Donato $228 $171
F 2010 PAC CNOW EXPRESS:INTERMED 0-324-78837-1 NIKOLAI 11 Donato $38 $29
S 2010 INTERMEDIATE ACCOUNTING 0-324-65192-9 NIKOLAI 10 THO050 Damon $217 $163
F 2009 INTERMEDIATE ACCOUNTING 0-324-65913-X NIKOLAI 11 CENGAGE LEARNING Donato $207 $155
F 2008 INTERMEDIATE ACCOUNTING 0-324-65192-9 NIKOLAI 10 CENGAGE LEARNING Damon $217 $163
F 2007 INTERMEDIATE ACCOUNTING NIKOLAI 1 THO050 Damon $178 $134
F 2005 INTERMEDIATE ACCT.-TEXT ONLY SPICELAND 3RD 04 Gilbert $152 $114
F 2005 INTERMEDIATE ACCT.-TEXT ONLY SPICELAND 3RD 04 Gilbert $152 $114
F 2005 INTERMEDIATE ACCT.-TEXT ONLY SPICELAND 3RD 04 Gilbert $152 $114
F 2005 INTERMED.ACCT.-W/BECKER CPA CDS NIKOLAI 9TH 03 Damon $146 $109
F 2005 INTERMED.ACCT.-W/BECKER CPA CDS NIKOLAI 9TH 03 Damon $146 $109
F 2005 "INTERMED.ACCT.-WKPPRS. NIKOLAI V.I" Damon $0 $34
F 2005 INTERMED.ACCT.-W/BECKER CPA CDS NIKOLAI 9TH 03 Damon $146 $109
F 2005 "INTERMED.ACCT.-WKPPRS. NIKOLAI V.I" Damon $0 $34
F 2003 Intermediate Accounting 0471072087 Kieso 11 Wiley Gilbert $0 $0
F 2002 Intermediate Accounting w/ CD 0471363049 Kieso 10th Wiley Gilbert $120 $90
F 2001 Intermed. Accounting-W/Cd 0-471-36304-9 Kieso 10th Wiley Gilbert $113 $85
F 2000 Finanacial Reporting & Analysuis w/Excel Dis 0-13-056115-0 Resvine PH Gilbert $105 $79
F 1999 Intermediate Accounting 0-324-00731-0 Nikolai 8 SW Gilbert $97 $0
F 1999 Intermediate Accounting Working Papers 0-324-00733-7 Nikolai 8 SW Gilbert $25 $0