Financial Accounting: Advanced Topics

University of Illinois at Urbana-Champaign

finance   |   Intermediate   |   12 Hours

In this course, you will explore advanced topics in financial accounting. You will start your journey with accounting for assets with more than one-year life. You will learn in detail how firms account for fixed assets. You will then move to financing of assets and discuss accounting for liabilities. The course will continue with an in-depth exploration of shareholders’ equity. Finally, you will critically evaluate preparation, components, and analysis of cash flows statement.

Upon successful completion of this course, you will be able to:
•\tAccount for fixed assets
•\tUnderstand accounting for liabilities
•\tEvaluate shareholders’ equity section of a balance sheet
•\tUnderstand preparation and information provided by cash flows statement

This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu.

What skills will you gain?

Financial Accounting

asset

Accounting

cash flow statement

financial statement

Finance

flow (psychology)

flow network

stock

cash flow