This Specialization explores key issues in financial reporting under U.S. GAAP and how accountants apply these principles in practice. Across three courses, you will build a foundation in GAAP and the accounting cycle, analyze balance sheet issues such as depreciation, estimates, and equity reporting, and examine revenue and expense recognition on the income statement. By the end of the Specialization, you will be able to evaluate financial reporting scenarios and apply GAAP-based reasoning to interpret and communicate financial information.
What you'll learn
Understand key issues in financial reporting under U.S. GAAP
Analyze balance sheet components including depreciation and equity reporting
Examine revenue and expense recognition on financial statements
Evaluate financial reporting scenarios using GAAP principles