<p>Hey guys, well I'm an accounting major right now and, at my school, as in most (or all) other schools, I have to take 2 intermediate accounting classes as part of the requirements for the major. I have already finished 2 introductory accounting classes (principles of accounting 1 and 2) which were the prerequisites, so I'm planning on taking intermediate accounting 1 next semester</p>
<p>The problem is that I have heard that it is a very difficult class and 10 times harder then the introductory accounting classes, which makes me a little bit nervous. Now, I got A's in both principles of accounting classes, and feel that I know the material from those classes very well. I read through each chapter in the book (even the ones that weren't assigned) and took notes on them on my computer.</p>
<p>I have heard that one of the reasons most people fail in intermediate accounting classes is because they come in to them unprepared and without a good grasp on the concepts discussed in the introductory accounting courses. I don't think that will be a problem for me, but I'm unsure. I know that, to succeed in accounting, you can't just memorize formulas, but must understand the concepts behind them as well. I feel like I understand the concepts very well, but who knows? I'm afraid that I'll get into the class and realize that I don't know the material as well as I thought. Or, I won't be able to understand some of the new stuff discussed. </p>
<p>Basically I'm wondering, for those of you who have taken intermediate accounting classes before, am I worrying for nothing? Are they as difficult as people say?</p>
<p>Also, does intermediate accounting just expand on the stuff discussed in the introductory courses (for example, methods of depreciation not discussed in the introductory courses) or does it introduce a lot of new concepts?</p>
<p>I know all this will depend on the school and the professor, but I'm just asking for your personal experiences. Please help in any way that you can, thanks</p>