Intermediate Financial Accounting

This course is one of the core major courses for Accounting and Financial Management programs. Guided by the objectives of financial accounting and organized around accounting elements in line with the fundamental characteristics of financial accounting, the course is structured as follows: it first explains the objectives, basic assumptions, accounting elements, and general principles of  financial accounting, then elaborates on the specific components of the six accounting elements (assets, liabilities, owners' equity, revenue, expenses, and profit), and finally consolidates all items into the preparation of the three principal financial statements. Through this course, students not only master the basic theories and methods of enterprise financial accounting, but also develop the ability to independently handle the financial accounting treatment of a company's routine economic transactions and prepare financial statements.