General description
This course completes the basics that the student covered in his study of intermediate accounting (1) with regard to the study of budget elements, as it deals with the foundations of accounting processes associated with the side of liabilities and equity in the budget in addition to accounting for investments and accounting for recognition of revenue. It extensively addresses the nature of obligations, the nature of classification of groups of current and non-current liabilities, and accounting issues for issuing long-term liabilities, in addition to accounting issues for investments according to the fair value entrance and accounting issues for recognition Revenue. Finally, this course aims mainly to provide the student with knowledge and skills related to equity.