Financial Reporting and Analysis

Course Objectives

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• Analyze accounting standards, securities regulations, and other information for business transactions.
• Locate, obtain, and organize information to solve unstructured financial reporting problems. 
• Apply professional judgment (including ethics) to determine the appropriate accounting measurement, recognition, and disclosure for business transactions. 
• Assess and predict decisions that will be influenced by reported numbers and the consequences of these decisions on you, reporting entities, and users. 
• Analyze operating, investing, and financing transactions and report them on financial statements. 
• Compare and evaluate various accounting methods of accrual accounting, capital expenditures, and financing.
• Practice recording journal, entries, Generate financial statements.
• Review previous accounting concepts.
• Appraise the accounting software.
• Analyze the various financial reports.
• Complete accounting cycle through accounting software such as QuickBooks.
• Understand the need for tax administration and tax analysis; 
• Know the sources of information used in tax analysis; 
• Know the principles and aspects of tax management; 
• Know the tax laws, apply tax analysis methods and be able to analyze tax management at the enterprise
• Develop measures to reduce the tax burden on the activities of the enterprise. 
• Develop specific measures and proposals to improve the enterprise’s financial condition.
• Able to learn how to prepare a master budget and estimate future revenues and expenses.