Intermediate Financial Accounting

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 provide 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 related topics.

By the end of this course, students will be ready to take on complicated accounting tasks.

Take your financial accounting skills to the next level with this self-paced Intermediate Financial Accounting course. Dive deeper into complex accounting principles and prepare for advanced financial reporting challenges. You'll begin by exploring the intricacies of income statements, including footnotes, management’s discussion, and elements like revenue recognition, stock-based compensation, interest expense, and capitalized interest. The course also covers handling unusual items, discontinued operations, restructuring charges, and an introduction to earnings per share (EPS), including options and convertible securities.

Next, you'll tackle deferred taxes, comparing book versus tax basis, understanding permanent differences, effective tax rates, and an introduction to Net Operating Losses (NOLs) and tax journal entries. The course also explores intercompany investments, equity method investments, debt accounting complexities, and related topics. By the end of the course, you'll be equipped to handle advanced accounting tasks with confidence.