COR1-GB.1306 Financial Accounting & Reporting Topic List
The accounting equation and financial statements, Cash flow vs. accrual-based earnings
Transactions analysis, Revenue recognition concepts, operating income vs. net income
Current Assets, valuation and amortization of PP&E and Intangibles, depreciation
methods and asset impairment assessment
Long & Short-term Investments – valuation and mark-to-market accounting
Long Term Debt and Capital Leases - valuation and determination of interest expense,
contingent liabilities and assets
Shareholders Equity: capital stock, retained earnings, comprehensive income, treasury
stock transactions and stock options
Basic & diluted earnings per share calculations, cash and stock dividends
Cash Flow Statement preparation - direct & indirect methods
US GAAP vs. IFRS: measurement differences
Financial ratio analysis
