Course Content
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Overview of GAAP: Generally Accepted Accounting Principles
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Overview of GAAP: Generally Accepted Accounting Principles
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The Evolution of Accounting Standards in the U.S.
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Understanding the Financial Accounting Standards Board (FASB)
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The Emerging Issues Task Force (EITF)
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The Financial Accounting Foundation (FAF)
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The Accounting Standards Codification (ASC) and U.S. GAAP
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The Role of the International Accounting Standards Board (IASB)
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Comparing FASB and IASB
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FASB’s Conceptual Framework for Accounting
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The Securities Act of 1933 and the Securities Exchange Act of 1934
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The Sarbanes-Oxley Act of 2002
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The Public Company Accounting Oversight Board (PCAOB)
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The Corporate Board of Directors
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The Audit Committee’s Role
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Understanding the Four Types of Audit Opinions
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Going Concern Opinion Explained
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Internal Audit vs. External Audit
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The Role of Financial Analysts
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Sell-Side vs. Buy-Side Analysts
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Final Exam - Understanding GAAP: A Comprehensive Guide
Understanding GAAP: A Comprehensive Guide
Understand the structure and significance of the ASC in organizing U.S. GAAP standards.
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