Description: This course introduces students to advanced theory and concepts with an emphasis on financial accounting standards and principles. The course encompasses the intensive study of the corporate income statement and balance sheet. It also includes the acquisition, valuation, and disposition of assets. This course is intended for students who are pursuing the Certificate of Achievement and/or Associate of Science Degree in Accounting. This course is also designed for students who wish to upgrade their skills on the job. Students should have a strong grasp of basic accounting principles and practices obtained through prior academic training or work experience.