Learning outcomes

Recognise components of the various financial statements
Differentiate between current and non-current assets and current and non-current liabilities
Recall the accounts included in an income statement
Identify how various income statement amounts are calculated

£39.00 (CIMA members only)

£49.00

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Product information

Overview

In this course, you will learn the U.S. standard setters' perspective on the objectives of financial reporting, and review the components of the balance sheet and income statements, recognition and measurement, and accrual accounts. You will also delve into the mechanics of accounting including the double-entry method, debits and credits, and t-accounts.

This course is included in the U.S. GAAP Fundamentals for Finance Professionals Certificate.

Topics discussed:

Balance sheet
Income statements
Recognition and measurement
Accrual accounts
Double-entry method
Debits and credits
T-accounts

Who should take this course?

Accounting and finance professionals who work for enterprises required to comply with U.S. GAAP or are interested in understanding U.S. accounting fundamentals.