GAAP and Audits - Online

This introductory course provides managers with a basic understanding of financial management. It demonstrates how to read and understand key elements of financial statements and reports, such as balance sheets, income statements and cash flow statements. Participants also learn how to apply basic financial and accounting principles to budget preparation and analysis.

This course replicates the content from lesson 3 of Finance for Nonfinancial Managers - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer.

Available TodayOnlineUSD$60.00
Instructional Method:
Self-Study
Level: Basic
CPE Credits: 1

Managers, analysts, consultants, project leaders, accountants, auditors, and others who seek a broad, yet comprehensive understanding of managerial financial tools and analytical methods used by successful operating managers to make better business decisions.
Students will be able to:
  • Recognize the purpose and characteristics of Generally Accepted Accounting Principles (GAAP)
  • Identify the importance and characteristics of an audit and that of its primary documentation
GAAP and Audits
  • Generally accepted accounting principles
  • The audit, including the management letter and auditor's report