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Coursera

Evaluate US GAAP: Equity, Revenue & Advanced Topics

EDUCBA via Coursera

Overview

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Deepen your understanding of advanced U.S. GAAP by learning how to evaluate and apply accounting guidance for equity, revenue, income taxes, and consolidation. In this course, you will build practical knowledge of ASC 505–705 and ASC 740–810 while exploring equity transactions, revenue recognition, cost of sales, deferred taxes, acquisitions, consolidation, and variable interest entities (VIEs). Designed for finance professionals, auditors, and learners preparing for advanced accounting roles, this course emphasizes the practical application of GAAP requirements through structured lessons. You will learn how to account for treasury stock, stock dividends, and stock splits, identify and allocate performance obligations in revenue contracts, recognize deferred tax assets and liabilities, determine when consolidation is required, and apply acquisition and intercompany elimination procedures in accordance with U.S. GAAP. What sets this course apart is its integrated coverage of equity reporting, revenue recognition, and advanced corporate financial reporting topics within a single learning path. By the end of the course, you will be able to interpret, analyze, and apply key U.S. GAAP standards with greater confidence to support accurate financial reporting and compliance.

Syllabus

  • Equity & Revenue Recognition (ASC 505–705)
    • This module explores equity transactions and revenue reporting under GAAP. Learners will study treasury stock, dividends, stock splits, revenue recognition under ASC 605, and cost of sales presentation under ASC 701.
  • Advanced Topics (ASC 740–810)
    • This module addresses advanced US GAAP topics, including accounting for income taxes, consolidation, variable interest entities (VIEs), acquisitions, and elimination entries. Learners will gain expertise in complex reporting areas critical to corporate financial statements.

Taught by

EDUCBA

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4.8 rating at Coursera based on 16 ratings

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