Financial Accounting II

Learning Outcomes

On successful completion of this course, student will be able to: Apply the accounting concepts in recognition, measurement, and presentation for liabilities and equities, Apply revenue recognition concepts, measurement & presentation for revenues, Apply the accounting concepts in recognition, measurement, and presentation for investment, Apply the accounting concepts in recognition, measurement, and presentation for income taxes, pensions, and leasing, Prepare financial statements according to generally accepted accounting principles

Topics

1. Accounting and Reporting of Bonds
2. Accounting and Reporting of Notes Payable
3. Accounting and Reporting of Stockholders’ Equity
4. Accounting for Potential Equity Securities
5. Computing Earnings Per Share
6. Accounting for Stock Appreciation Rights and Diluted Earnings Per Share
7. Investment in Debt Securities and Equity Securities
8. Accounting for Fair Value Option and Other Reporting Issues
9. Accounting for Derivative Instruments
10. Recognizing Revenues
11. Accounting and Reporting Income Taxes
12. Accounting for Pensions
13. Accounting for Postretirement Benefits
14. Leasing: Accounting Issues
15. Reporting Accounting Changes and Error Analysis
16. Cash Flow Reporting
17. Cash Flow Reporting: Special Problems in Statement Preparation
18. Full Disclosure: Concepts and Practices