Ementorhub

What you'll learn

Describe the accounting process related to accounting for liabilities (from origination of transactions to disclosure in the financial statements)

Describe liabilities and contingencies and demonstrate the appropriate accounting treatment, including required disclosures

Demonstrate the accounting for bonds (including par, discount, and premium bonds)

Explain and demonstrate the accounting for pension plans

Skills you'll gain

Balance Sheet

Accruals

Accounting

Financial Reporting

Generally Accepted Accounting Principles (GAAP)

Lease Contracts

Financial Statements

Financial Accounting

Financial Statement Analysis

Accounts Payable

Standard Accounting Practices

International Financial Reporting Standards

There are 9 modules in this course

- Current liabilities and contingencies, such as accounts payable, accrued expenses, warranties, and pending litigation - Accounting for long-term debt, including the issuance, payment of interest, amortization, and extinguishment of debt instruments. - Lease accounting from the perspective of both the lessee and the lessor - Pension accounting, including the calculation of benefit obligations, plan assets, and net periodic benefit cost We will discuss the relevant accounting standards and principles used to measure and disclose these items in the financial statements. This course is the third course in the Financial Reporting Specialization offered by the University of Illinois at Urbana-Champaign.

Module 1: Current Liabilities and Contingencies

Module 2: Long-Term Debt Part 1

Module 3: Long-Term Debt Part 2

Module 4: Lease Accounting Part 1

Module 5: Lease Accounting Part 2

Module 6: Pension Accounting Part 1

Module 7: Pension Accounting Part 2

Module 8: Course Evaluation