Intermediate Accounting is an advanced course in accounting. This course discusses the conceptual framework of financial reporting, the principles and application of International Financial Reporting Standards (IFRS), how transactions are presented in financial statements, and the possible impact on business operations. Continuing with the content of accounting, with IFRS and case examples, the course provides an in-depth study of the conceptual framework of financial reporting, presentation of accounting information, time value of money, cash and receivables, inventories, real estate, plant and equipment.