Intermediate Accounting Course Experience
Is it just me, or does intermediate Accounting feel like it’s mostly focused on creating financial statements and making adjusting entries? For the past four weeks, that’s been the bulk of my work. I perceived my introductory financial and managerial Accounting course as much more comprehensive. So far, my assignments have mainly involved answering multiple-choice questions on GAAP, completing numerous adjusting entries, and then drafting financial statements. I can’t help but wonder if this is typical for all programs or if it’s just my school’s approach.
One response
It sounds like you’ve been focusing on some foundational concepts that are indeed critical in intermediate Accounting. While creating financial statements and adjusting entries are definitely significant aspects of the course, the material usually builds on that.
In intermediate Accounting, you should also expect to dive deeper into various Accounting standards and more complex topics, such as revenue recognition, lease accounting, and the treatment of financial instruments. The coursework might feel a bit repetitive initially, but it’s designed to ensure you have a strong grasp of the basics before moving into more complex areas.
If you feel like you’re not covering enough ground, it might be worth discussing with your professor or classmates to see if there’s more to come in the syllabus. It could also just be that this part of the course is more focused on solidifying your foundational skills, which is essential before tackling advanced topics. Hang in there, and hopefully, you’ll get to explore some of the deeper aspects of accounting soon!