BU-103 : Intermediate Accounting I
Course, prefix, number, & title: BU-103 Intermediate Accounting I
Hours (Class, recitation, Laboratory, studio): 5 class hours
Pre-requisites (if any): BU-102, with a grade of C or better
Course Description in college catalog:
Review of basic accounting concepts, procedures, and financial statements, including the Statement of Cash Flows; the principles of accounting applied to special problems involving cash, receivables, inventories, current liabilities, stockholders’ equity, including earnings per share.
Academic programs for which this course serves as a requirement or an elective:
General Education Outcomes: Below is a listing of General Education Outcome(s) that this course supports.
Communicate effectively in various forms
Use analytical reasoning to identify issues or problems and evaluate evidence in order to make informed decisions
Reason quantitatively as required in various fields of interest and in everyday life
Course-specific student learning outcomes:
Students will achieve the following course objectives:
Identify and describe accounting theory and practice including asset, liability and stockholder’s equity classifications and presentations on the balance sheet.
Formulate plans to test revenue and expense classifications on the income statement including special items and also the operating, investing and financing activities on the statement of cash flow.
Explain inventory costing methods and the recording and reporting of receivables.
Analyze and evaluate business transactions and summarize for internal and external financial reporting
Methods by which student learning will be assessed and evaluated; describe the types of methods to be employed; note whether certain methods are required for all sections:
Academic Integrity policy (department or College):
Academic honesty is expected of all students. Any violation of academic integrity is taken extremely seriously. All assignments and projects must be the original work of the student or teammates. Plagiarism will not be tolerated. Any questions regarding academic integrity should be brought to the attention of the instructor. The following is the Queensborough Community College Policy on Academic Integrity: "It is the official policy of the College that all acts or attempted acts that are violations of Academic Integrity be reported to the Office of Student Affairs. At the faculty member's discretion and with the concurrence of the student or students involved, some cases though reported to the Office of Student Affairs may be resolved within the confines of the course and department. The instructor has the authority to adjust the offender's grade as deemed appropriate, including assigning an F to the assignment or exercise or, in more serious cases, an F to the student for the entire course." Read the University's policy on Academic Integrity opens in a new window(PDF).
Any student who feels that he or she may need an accommodation based upon the impact of a disability should contact the office of Services for Students with Disabilities in Science Building, Room S-132, 718-631-6257, to coordinate reasonable accommodations for students with documented disabilities. You can visit the Services for Students with Disabilities website.