Module 1: Learning Objectives

  • Acquire basic knowledge about Financial Reporting and Financial Statements
  • Evaluate the standard setting process through a study of the History and Establishment of US GAAP
  • Use the FASB Codification
  • Use the FASB’s Conceptual Framework to identify assets, liabilities, revenues, expenses, and equity
  • Use Objectives of Financial Reporting to answer questions about decision useful information
  • Use the Qualitative characteristics to answer questions about decision useful information
Last modified: Thursday, 2 August 2018, 11:46 AM