FINANCIAL REPORTING II

Prerequisites & course information

Requisites: ACCT I S 301 or declared in undergraduate Business Exchange program Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Explain complex financial events and their effect on financial statements, cash flows and accounting based contracts. Audience: Undergraduate 2. Explain the measurement and valuation concepts of financial statement elements, including complex fair value concepts. Audience: Undergraduate 3. Recognize and discuss controversial and emerging practices in valuation and the potential economic consequences of these accounting rules. Audience: Undergraduate 4. Interpret how financial information may impact a company, management decisions or investor decisions. Audience: Undergraduate 5. Identify and apply appropriate accounting standards to complex economic events. Audience: Undergraduate 6. Analyze a problem and arrive at a conclusion that integrates all available information and justify their conclusion convincingly to others. Audience: Undergraduate 7. Develop and demonstrate effective communication and networking skills with their class peers. Audience: Undergraduate 8. Reflect on how to pursue their future career goals within the accounting profession and how those goals compare with those of their peers. Audience: Undergraduate Learning Outcomes: 1. Explain complex financial events and their effect on financial statements, cash flows and accounting based contracts. Audience: Undergraduate 2. Explain the measurement and valuation concepts of financial statement elements, including complex fair value concepts. Audience: Undergraduate 3. Recognize and discuss controversial and emerging practices in valuation and the potential economic consequences of these accounting rules. Audience: Undergraduate 4. Interpret how financial information may impact a company, management decisions or investor decisions. Audience: Undergraduate 5. Identify and apply appropriate accounting standards to complex economic events. Audience: Undergraduate 6. Analyze a problem and arrive at a conclusion that integrates all available information and justify their conclusion convincingly to others. Audience: Undergraduate 7. Develop and demonstrate effective communication and networking skills with their class peers. Audience: Undergraduate 8. Reflect on how to pursue their future career goals within the accounting profession and how those goals compare with those of their peers. Audience: Undergraduate