homework

Homework

Transfer It

Please respond to the following:

--Discuss ways in which you plan to apply what you learned in this course in your current or future position.

--Suggest the one (1) way in which the content in this course could help you as an accounting professional. [350 words]

COURSE LEARNING OUTCOMES

[ACC 563 – Advanced Accounting Theory]

1. Analyze the development process of accounting in the United States including the role of ethics in

the profession and the movement toward international accounting standards.

2. Examine the conceptual framework for accounting including principle and rule-based accounting

standards and the convergence process for the two different methods.

3. Examine research methodology and theories on the uses of accounting information including the

relationship among research, education, and practice.

4. Evaluate the nature of income and its recognition, earnings quality, earnings management, and

fraudulent financial reporting.

5. Analyze the components of financial reporting including the income statement, balance sheet,

and statement of cash flow.

6. Examine the concepts of working capital and the financial analysis of a company’s working capital

position.

7. Examine long-term assets including property, plant and equipment, investments and intangible

assets, and the related financial analysis.