<p>I'm planning on entering Accounting. I've already taking Principles of Accounting 1 and 2. I will be starting Intermediate and Managerial Accounting in about a year. I do understand the differences between financial and cost accounting, so the question is, what does each course actually entail? What will I actually learn in Intermediate and Cost Accounting?</p>
<p>I have found this link: What</a> Does Intermediate Accounting Cover? - For Dummies that talks about what Intermediate covers, in which case I might be in good shape! I've at least received a general overview on 3 of the things it talks about (Inventory Cost Flow Assumptions, like FIFO and Retail Method, Accounting for Plant Assets and Intangible Assets, and briefly covered Income Tax Accounting).</p>
<p>However, I haven't been able to find anything that really talks about what concepts Managerial Accounting covers.</p>
<p>Also, if you wouldn't mind telling me what topics you found the hardest and why, that would be invaluable. Any self studying I can do that can put me a step above the class will be helpful! Thanks.</p>