Identify financial statement areas where managers can exercise significant judgment and identify how managers choices in these areas impact earnings reported in financial statements. Specific areas addressed include the following:
- Financial Forecasts
- Primary Financial Statements
- Earnings Management
- Financial statement footnotes
- Long-lives Assets
- Inventory accounting
- Income Taxes
Demonstrate the proficiency to address CFA exam questions over the topic areas covered in this course.
Apply ethical considerations to earnings management issues.