Financial Accounting: Income Statement Analysis

$49
Est. Study Time: 2.5 hours
3 PDCs
3 CEUs

Synopsis

This course explores the Income Statement and the departments involved in its creation by explaining how to determine COGS, record losses, and understand how ethics come into play during the process.
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Learning Objectives

  • Know which departments are involved in the creation of the income statement
  • Learn how revenue and cost of goods sold apply to the process of analyzing income statements
  • Become familiar with the ethical issues involved in income statement analysis
  • Understand the role of accounts receivable, and learn how to record losses on the income statement

I’m looking for continuing education credits, how does that work with the free courses?

You have the option to purchase an accredited course outright and once completed you will then have access to your certificate of completion (credits). Alternatively, you can complete the course for free, and once completed you will be prompted to purchase access to your certificate of completion (credits).

Can I earn free credits?

Yes, you can! We award up to 3 free credits after completing the first few modules of a course. Once you have completed the required modules, your certificate of completion will be available under my courses. In order to access your remaining credits, you will be prompted to purchase.

How quickly do I receive my credits after completing a course?

Immediately, once you have completed you will have access to your certificate of completion/activity ID to submit to your organization to redeem your credits.

How long do I have to complete my course?

You have one year after beginning your course to complete it. After that year, your course will close automatically and no progress will be permitted.

What happens if I fail my course?

Your course will reset and you will be allowed to retake the course until you have met the passing requirements.

Do I earn a certificate of completion?

If you are looking to recertify with HRCI, SHRM, APA, and NASBA/AICPA, we offer a certificate of completion that can be used to redeem continuing education credit with these organizations. However, our courses are not accredited stand-alone and are not a certification in any way.

SHRM: VTR is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). This program is valid for 3 PDCs. For more information about certification or recertification, please visit shrmcertification.org.

HRCI: VTR is a recognized provider of recertification credits. HR Certification Institute® preapproved this program for 3 credits toward aPHR™, PHR™, PHRca™, SPHR™, GPHR™, PHRi™, and SPHRi™ recertification.