Course Overview

Accounting Principles – Level II builds on foundational accounting knowledge by introducing intermediate accounting concepts used in business, corporate finance, and professional bookkeeping. Students learn how to prepare, analyze, and interpret financial statements while applying Generally Accepted Accounting Principles (GAAP).

Course Level: Intermediate (Level II)
Duration: 40–60 Hours (8–12 Weeks)
Format: Online, Classroom, or Hybrid
Prerequisite: Accounting Principles Level I or equivalent knowledge.

Learning Objectives

By the end of this course, students will be able to:

• Apply the accounting cycle independently.
• Prepare adjusting and closing entries.
• Account for inventory using multiple valuation methods.
• Calculate and record depreciation and amortization.
• Reconcile bank accounts.
• Prepare financial statements for corporations.
• Record payroll transactions.
• Account for notes receivable and payable.
• Understand liabilities and shareholders’ equity.
• Analyze financial statements using ratios.
• Apply internal controls to prevent fraud.
• Use accounting software effectively.