Financial Reporting and Accounting

Explains key concepts in financial reporting and accounting, such as accrual accounting, revenue recognition, and depreciation and amortization. This track also covers the roles in a finance department; the processes of accounting, financial reporting, and audits; and how to analyze a company’s annual report and financials.

CLE Available

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  1. still frame from Accrual and Cash Accounting Preview

    Accrual Accounting and Revenue and Expense Recognition

    The main difference between cash accounting and accrual accounting is how revenue and expenses are recognized. This course briefly explains these accounting methods and describes how revenue and expenses are recognized in accrual accounting.

  2. still frame from Audit Opinions Preview

    Audited Financials and the Audit Process

    An audit is the primary mechanism for providing confidence in the reliability of a company’s financial statements. This course explains the audit process, audit opinions and how audited financial statements are put together.

  3. still frame from Accounting Transactions and Source Documents Preview

    The Accounting Process

    An overview of the accounting process, including how transactions appear in a company’s chart of accounts, general ledger, trial balance and financial statements.