ACC312INTERMEDIATE FINANCIAL ACCOUNTING

ACC312 delves into the more advanced concepts of financial accounting, building on the foundational knowledge acquired in earlier courses. The course focuses on the preparation and analysis of more complex financial statements, including the treatment of long-term assets, liabilities, and equity. Students will learn about accounting for pensions, leases, and the recognition of revenue, as well as dealing with advanced topics such as earnings per share and accounting for income taxes. A key emphasis is placed on the application of International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP).

Students will develop a deeper understanding of financial statement analysis and how to apply accounting principles to real-world business scenarios. Through case studies, practical exercises, and problem-solving, learners will gain the skills necessary to manage more complex accounting tasks. By the end of the course, students will be able to prepare comprehensive financial reports, analyze financial data, and apply their knowledge to make informed business decisions, preparing them for higher-level accounting roles and professional certification exams.