Accounting Analysis II: Measurement and Disclosure of Liabilities

University of Illinois at Urbana-Champaign

business-essentials   |   Advanced   |   29 Hours

This course is the third course in the five-course Financial Reporting Specialization. This course begins with a discussion of current liabilities and contingencies and continues with long-term debt and bonds. The course next explores accounting model for leases, both lessees and lessors, and a discussion on deferred tax assets and liabilities. Participants will learn the latest accounting standards including the new accounting model for leases effective for public companies in 2019 and private companies in 2020.

What skills will you gain?

debt

tax rate

Taxes

Accounting

accounts payable

Finance

comprehensive income

expense

fair value

income tax