acc545 | Graduate

Financial Reporting

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This course prepares students to address concepts of financial reporting for roles as CPAs. Students learn important criteria for calculating capital changes, applying concepts of fixed assets and cost determination, and preparing consolidated financial statements. Other topics include the professional responsibilities of CPAs, deferred taxes, cash flow statements, balance sheet preparation, restructuring of troubled debt, and the intricacies of comprehensive income.

This graduate-level course is 6 This course is available to take individually or To enroll, speak with an Enrollment Representative.

Course details:

Credits: 3
Continuing education units: XX
Professional development units: XX
Duration: 6

topic title goes here

    Net and Comprehensive Income

    • Prepare consolidated financial statements.
    • Explain criteria for calculating capital changes.


    • Use short-term and long-term assets and cost determination to the preparation of financial statements.
    • Explore financial reporting for leases.

    Liabilities and Owners' Equity

    • Apply financial instruments as liabilities.
    • Prepare pensions liabilities and postretirement benefits.
    • Utilize financial reporting of owners' equity for decision-making.

    The Importance of Financial Information and Cash Flows

    • Use financial and contracting information to perform valuation and credit risk assessment.
    • Prepare statement of cash flows.

    Advanced Financial Reporting

    • Manage inventories.
    • Account for inter-corporate investments.

    Reporting Overview

    • Describe the financial reporting role and responsibilities of the CPA, including recognition, measurement, and disclosure.
    Tuition for individual courses varies. For more information, please call or chat live with an Enrollment Representative.

    Please ask about these special rates:

    Teacher Rate: For some courses, special tuition rates are available for current, certified P-12 teachers and administrators. Please speak with an Enrollment Representative today for more details.

    Military Rate: For some courses, special tuition rates are available for active duty military members and their spouses. Please speak with an Enrollment Representative today for more details.

    The University of Phoenix reserves the right to modify courses.

    While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.

    Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.