Financial Reporting and Analysis 2

Catalog description

Continues the examination in greater depth of the foundational principles, concepts, and measurement theories relating to financial reporting and stewardship. Focuses on the objectives of financial statements for various users such as lenders, investors, and various stakeholder groups. Emphasizes the accounting conceptual framework, including the guidance and standards promulgated by various standards-setting and regulatory bodies. Topics include the measurement, valuation, and disclosure of liabilities, bond obligations, retirement obligations, reconciliation of deferred taxes and required tax disclosures, various corporate ownership interests, stock options, accounting changes, statement of cash flows, and required footnotes.