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The course Contemporary Financial Accounting mainly concentrates on the following topics and how they influence the U.S. GAAP and IFRS standards. The topics are, respectively, Cash flow statement, Accounting for goodwill, Accounting for bond issuances and Accounting for business combinations. In this course, you will learn how U.S. GAAP and IFRS need the statement of cash flows. You will learn more about the term cash flow reporting and cash flow statement. Various accounting and financial matters are studied under this course. After studying this course, you will put on an understanding of the concepts and theories of the Contemporary Financial Accounting in a broader manner.
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