Build your knowledge of investments, securities, debt accounting, and other complex financial accounting concepts in this class.
Want to take your financial accounting skills to the next level? This Intermediate Financial Accounting class will deepen your knowledge of complex accounting principles and prepare you for the challenges of navigating advanced financial reporting scenarios.
The course starts by covering the intricacies of income statements, including elements such as footnotes, management's discussion, and various complex components like revenue recognition, stock-based compensation, interest expense, and capitalized interest. The class will gain insight into handling unusual items, discontinued operations, restructuring charges, and an introduction to earnings per share (EPS), including options and convertible securities.
From there, you'll focus on deferred taxes, which encompasses the comparison of book versus tax basis, permanent differences, effective tax rates, and an introduction to Net Operating Losses (NOLs) and associated tax journal entries. You'll also learn about intercompany investments, how to navigate equity method investments, the complexities of debt accounting, deferred taxes, and more.
By the conclusion of this course, students will be ready to take on complicated accounting tasks.
This course has a prerequisite:
Students should be comfortable with the concepts covered in Intro to Financial Accounting.
This course is available for "remote" learning and will be available to anyone with access to an internet device with a microphone (this includes most models of computers, tablets). Classes will take place with a "Live" instructor at the date/times listed below.
Upon registration, the instructor will send along additional information about how to log-on and participate in the class.
Also available in-person in NYC