Corporate Financial Reporting

Corporate Financial Reporting
Accounting principles of corporate financial reporting. Judgments managers make preparing financial statement information. How complexities, alternatives, and impacts affect completed financial statements.
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
 PrerequisitesACC 305; or ACC 310
 NoteFor nonaccounting majors.
 ProgramsContaining ACC 440
Course Outcomes: 

Learning Outcomes

Identify financial statement areas where managers can exercise significant judgment and identify how managers choices in these areas impact earnings reported in financial statements. Specific areas addressed include the following:

  1. Financial Forecasts
  2. Primary Financial Statements
  3. Earnings Management
  4. Leases
  5. Pensions
  6. Financial statement footnotes
  7. Long-lives Assets
  8. Inventory accounting
  9. Income Taxes

Learning Outcomes

Demonstrate the proficiency to address CFA exam questions over the topic areas covered in this course.

Learning Outcomes

Apply ethical considerations to earnings management issues.