Students develop the ability to prepare and analyze the financial statements of public corporations. Topics include an overview of corporate financial reporting, transaction analysis, and accounting entries; double‑entry accounting systems; merchandising and inventory; internal control, cash, and receivables; long‑lived assets and current liabilities; financial reporting concepts and accounting for partnerships, corporations, long‑term liabilities; cash flow statement; investments; and financial statements analysis.
Students develop the ability to prepare and analyze the financial statements of public corporations. Topics include an overview of corporate financial reporting, transaction analysis, and accounting entries; double‑entry accounting systems; merchandising and inventory; internal control, cash, and receivables; long‑lived assets and current liabilities; financial reporting concepts and accounting for partnerships, corporations, long‑term liabilities; cash flow statement; investments; and financial statements analysis.
