Financial Reporting

Three ideas that I have taken from this course are the following: 1. Analyzing Financial Statement 2. Financial Statements 3. Government and Not-for-profit Financial Reporting How do the above-listed topics relate to the course objective: · apply appropriate analytical techniques to the primary financial statements to evaluate financial performance. · Demonstrate an in-depth understanding of primary financial statements and their relationships to each other. · Discuss the financial reporting requirements for non-profit and governmental entities. · Discuss the role ethics plays in the financial reporting required by the SEC. · Explain how the primary financial statements vary across industries. · Explain the role the Sarbanes-Oxley Act (SOX) plays in the financial reporting of business entities. · Outline the governing authorities over financial reporting as well as the requirements of the SEC. · Use team, problem-solving skills and effective communication techniques to collaborate on a project.

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