Financial Accounting Professional Certificate: Online
Explore the core financial accounting tools that will help you understand annual reports and footnotes - creating a solid understanding of the financial statements.
By the end of this professional certificate, you will be able to:
Describe the components of the balance sheet
Analyze the effect of transactions on the balance sheet equation
Compare the features of sole proprietorships, partnerships, and corporations
Describe the function of an audit
Explain the regulation of financial reporting
Explain how accountants measure income
Determine when a company should record revenue from a sale
Use the concept of matching to record the expenses for a period
Demonstrate how an income statement is related to a balance sheet
Account for cash dividends and prepare a statement of retained earnings
Explain the double-entry accounting system
Analyze and journalize transactions
Post journal entries to the ledgers
Prepare and use a trial balance
Explain the accounting adjustments required at the end of the fiscal period
Explain the role of adjustments in accrual accounting
Explain the difference between explicit and implicit transactions
Describe components of a classified balance sheet
Prepare a classified balance sheet
Describe components of a single and multiple-step income statement
Prepare a multiple-step income statement
Use ratios to assess the profitability
Determine the proper period in which to record revenues
Link inventory valuation to gross profit
Assess accounts receivable
Anyone seeking to understand global capital markets and the trading of debt, equity, foreign exchange and derivative instruments
Jack Farmer
Jack is currently the Curriculum Director for the New York Institute of Finance. Farmer also acts as an outside adviser for portfolio managers at significant global investment funds. These funds included emerging markets equity funds and global macro hedge funds. Jack serves a variety of functions for the funds he advises, including the development of options strategies, quantitative strategies, and hedging strategies. Additionally, Jack specializes in capitalizing on systemic and macroeconomic imbalances in equity and fixed income markets throughout the world.
Jack specializes in training and consulting solutions for portfolio risk management, FX and interest rate derivatives and trading, equity index and volatility trading, equity derivatives and structured equity products, financial statement analysis and hedge accounting.
Education
BS in Engineering from Tulane University MBA in Finance and Accounting from Tulane University Ph.D. in Finance (ABD) from the University of Texas at Austin
