المحاسبة المتوسطة (2)


# Course Name Credit Hrs Prerequisite
ACCT 350 Intermediate Accounting (2) 3 ACCT 240

Brief Description


This course is presented in accordance with International Financial Reporting Standards (IFRS), which deals with issues related to the equity in each of the partnership and joint stock company forms with focusing on the issues of measurement and disclosure. In addition, this course covers very important issues such as accounting for long - term liabilities and accounting for long-term leases.


Course Objectives


After completing this course, the student will be able to:

  1. Distinguish between the basic components of shareholders' equity.
  2. Determining accounting measurement and disclosure requirements for equity and long-term liabilities in the preparation of financial statements.
  3. Practicing and comparing between the different alternative to determine earning per share at public companies.
  4. Explaining and comparing between different alternative of accounting treatments for transactions under partnership form.
  5. Describing the nature of the lease and economic substance and its advantages operations.
  6. Applying accounting principles for revenue recognition in various economic activities.

Course Topics


  1. Basic concepts of the components of the equity in the joint-stock companies.
  2. The accounting treatment for the issuance of stock.
  3. Problems associated with the Dividend Policy.
  4. How to determine the earnings per share.
  5. Accounting for long - term liabilities.
  6. Partnerships: Formation and Operation.
  7. Partnerships: Termination and Liquidation.
  8. Revenue Recognition.
  9. Accounting for Leases.

Text Book


Kin Lo & George Fisher Intermediate Accounting, Vol. 2, 3/E (2016).


Additional References


Kieso, Donald; Ijant, Jerry. (1423). Intermediate Accounting. Riyadh: Mars Publishing House. [Syndication Hajjaj, Ahmed]
Kieso, Donald; Ijant, Jerry. (1423). Intermediate Accounting. Riyadh: Mars Publishing House. [translated by Said, Kamal El-Din]



09/09/2020
02:51 AM