Emphasis is on the analysis of interrelationships of items within financial statements. Federal income taxation of partnerships, corporations, and estates and trusts is presented. Miscellaneous other federal taxes are presented for familiarization. This course is an accelerated study of the theory and process of federal taxation of organizations other than individuals. A study of comprehensive financial statement analysis and interpretation.
Course requires library and internet research.
Analysis involves comparisons, horizontal and vertical presentations, ratios, trends, and common-sized statements. A comprehensive, in-depth review of issues in financial accounting, management accounting, taxation, auditing, and business law typically encountered on the uniform CPA examination. Designed to meet special needs of individuals or special students. Offered as needed. May be repeated when topic is changed.