CACF 325: Intermediate Financial Reporting 2 provides an in-depth review of the Income Statement components, including revenues, expenses, related-party transactions, and other measures derived from the income statements. It delves deeper into the examination of the notes that accompany financial statements in annual reports, which are integral to understanding the financial position of companies.

✔ Main topics to be covered:

• Income Statement components: This course delves into various components of the Income Statement, providing you with a comprehensive understanding of key elements such as revenues, expenses, and related-party transactions. By examining these components, you will gain insights into how a company's financial performance is presented and analyzed.

• Notes accompanying financial statements: You will explore the importance of notes in annual reports and how they contribute to understanding a company's financial position. The course will cover the purpose of these notes, the types of information they contain, and their role in providing context and clarity to financial statements.

• Related-party transactions: The course investigates transactions between related parties, such as transactions between a parent company and its subsidiaries or between companies with common ownership. You will examine the impact of these transactions on financial reporting, including potential issues related to transparency, disclosure, and potential conflicts of interest.

• Other measures derived from income statements: You will study additional measures derived from income statements that can provide further insight into a company's financial performance. These measures may include gross profit margin, operating margin, and net profit margin, among others. By analyzing these measures, you will develop a deeper understanding of a company's financial health and performance over time.

Upon completing, you will learn about Income Statement components, the importance of notes in annual reports, related-party transactions, and additional measures derived from income statements. By understanding these concepts, you will be able to analyze a company's financial performance and make informed decisions based on financial data.

COURSE CODE

COURSE NAME

ACCT 351

Intermediate Financial Accounting 1

ACCT 352

Intermediate Financial Accounting 2

ACCT 361

Management Accounting

CACF 210 

Introductory Financial Accounting

CACF 215

Introductory Managerial Accounting

CACF 310

Intermediate Financial Reporting 1

CACF 325

Intermediate Financial Reporting 2

BUSA 364

Business Law 1

ECON 208

Microeconomic Analysis and Applications

ECON 230D (1&2)

Microeconomic Theory

ECON 209

Macroeconomic Analysis and Applications

FINE 441

Investment Management

FINE 342

Corporate Finance

FINE 442

Capital Markets and Institutions

ECON 337

Introductory Econometrics 1

FINE 443

Applied Corporate Finance

FIN 448

Financial Derivatives

MATH 324

Statistics

MGCR 211

Introduction to Financial Accounting

MGCR 222

Introduction to Organizational Behaviour

MGCR 271

Business Statistics

MGCR 341

Introduction to Finance

MGCR 352

Principles of Marketing

MGSC 372

Advanced Business Statistics

MATH 423

Applied Regression