Financial Accounting: Income Statement Analysis

Estimated Time: 2.5 hours

$49.00

Earn 3 Points for Completing

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UPDATED 2023: This course explores issues like data auditing, COGS, and fiscal losses to help you understand the importance and role of income statements in healthily functioning organizations. Beginning with the departments involved in their creation and taking you through to the functions they serve, Income Statement Analysis provides a brief but helpful overview of a difficult accounting topic for those unfamiliar with the subject. Course Type: Business Simulation. Worth 3 PDCs (SHRM) and 3 CEUs (HRCI Business Credits).

Credits

3 PDCs
3 CEUs
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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

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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.