This class was tough.
The Intermediate Accounting is all about financial accounting refers to the financial statements (and the entire process involved in creating the financial statements. It is very important to our economy because of many people, such as investors and lenders, need information to help them make informed decisions.
Taking Intermediate Accounting now is more important than ever because of the rules of financial accounting change all the time. Second, American businesses are measured by the amount of profit they make. If ever you will be in a position to evaluate a business–for investing in it, selling to it on credit, lending money to it, auditing it–then you will need to know as much as you can about the primary evaluation criterion of profit. If you don’t know about or understand profit, then any decision you will make would have to be suspect–a gamble in part or in whole. Third, accounting is more than the calculation of net income. It is the language of business.
Hours per week:
Advice for students:
Use everything provided by course materials, your professor, and your peers. Attend all tutorials possible and then practice, practice, practice.