The International Accounting 1 helps students understand the international financial reporting environment. Specifically, the course provides knowledge so that students can understand basic accounting concepts such as financial statements’ elements and qualitative characteristics of financial statements. In addition to understanding the conceptual framework, the course helps students understand and analyze some international accounting standards (IAS) or international financial reporting standards (IFRS) to be able to apply these standards address the measurement, recognition, presentation and disclosure of information in financial statements. This course not only helps students understand the principles of accounting in accordance with the IAS / IFRS standards, but also helps students explain the basis of the development of accounting principles and the influence of them on financial statements of the business.