Financial Accounting for Corporations
University System of Maryland
  • Start Date: 04 Jun, 2018
  • Self-Paced
  • Study Content: Videos


Ever wonder how Wall Street investors compare corporations? Learn to prepare, analyze, and compare financial statements for publically traded U.S. corporations.

Course Fee: Free
Certificate Cost: 249.00 USD

Course Description

This course is made available through the eLearnAfrica and Edx partnership.

Want to learn a new language and keep your finger on the pulse of business? Accounting is the language of business. Be among a small percentage of business professionals who can prepare, interpret, and analyze financial statements of corporations. You will find financial accountants anywhere from the accounting department to the positions of CEO and CFO.


In this course, part of the UMUC Accounting and Financial Management MicroMasters program, you will learn to prepare corporate financial statements in compliance with the U.S. Securities and Exchange Commission (SEC) and in conformance with the Financial Accounting Standards Board’s (FASB) generally accepted accounting principles (GAAP).


You will learn how the FASB creates new GAAP, how to research the FASB Accounting Standards Codification system, and how to prepare and analyze financial statements including the Income Statement, Comprehensive Statement of Income, Balance Sheet, Statement of Shareholder’s Equity, and Statement of Cash Flows. An overview of accounting theory provides a foundation for applying financial accounting concepts and principles to real business issues. The course is taught within the framework of the American Association of Certified Public Accountants’ Code of Professional Conduct.

Certificate cost may vary. You will be redirected to the host page for cost and payment options.

University System of Maryland

The University System of Maryland (USM) is the state of Maryland’s public higher education system. Benefiting students, as well as Maryland and its citizens, USM:



    • Offers expansive access to affordable, high-quality educational opportunities;

 

    • Performs groundbreaking research;

 

    • Instills a culture of innovation and entrepreneurship;

 

    • Promotes economic growth and workforce development;

 

    • Provides vital services to communities and individuals;

 

    • And partners with business, governments, nonprofits, and other organizations to improve quality of life.



The USM consists of three Research Universities, three Historically Black Institutions, four Traditional Comprehensive Institutions, two Regional Education Centers; one Specialized Research institution, and one “Virtual” Institution specializing in online and distance education, and a system office.

 

USM's programs and activities have a significant impact on the quality of life in Maryland, creating social and economic benefits for people throughout the state and beyond. USM is a recognized leader in many areas, including online learning, course redesign, and other components of academic innovation.

 

The mission of the University System of Maryland is to improve the quality of life for the people of Maryland by providing a comprehensive range of high quality, accessible, and affordable educational opportunities; engaging in research and scholarship that expand the boundaries of current knowledge; and providing knowledge-based programs and services that are responsive to the needs of the citizens of the state and the nation. USM fulfills its mission through the effective and efficient management of its resources and the focused missions and activities of each of its component institutions.

 

The vision of USM is to be a preeminent system of public higher education, admired around the world for its leadership in promoting and supporting education at all levels, fostering the discovery and dissemination of knowledge for the benefit of the state and nation, and instilling in all members of its community a respect for learning, diversity, and service to others.

This institution is available on eLearnAfrica through partnership with Edx.

You may be able to download course materials after enrolling in this course. If not, all of the necessary course materials provided by the course instructor will be available on the provider's course page.
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Effective Date: September 22, 2016