If you do well in this course, you will be able to:

• Demonstrate accounting practices used for corporations
• Create cash flow statements
• Determine the immediate and long-range effect on business income patterns
• Demonstrate accounting practices used for pensions and leases
• Account for investments under different situations
• Examine current liabilities and contingencies
• Finish liabilities with bonds and long-term notes
• Additional financial instruments include leases, income taxes, pensions, employee benefit plans, shareholders' equity
• Examine earnings per share, accounting and changes and error corrections
• Reexamine the statement of cash flows