| Course Title |
|
Introduction to Accounting and Accounting for Derivatives |
| Course Category |
|
Online |
| Target Audience |
|
Internal auditors, inspectors, financial controllers, back-office staff, compliance officers, treasurers and financial control staff.
External auditors and other professional accountants may want to follow this course as a review of their knowledge.
|
| Continuing Education |
|
2 MX CE Credits |
| Prerequistes |
|
Understanding of options (Course 103)
Understanding of futures and forwards (Course 102) |
| Objectives |
|
This course provides a brief review of derivative concepts that are essential for accounting for derivatives. Upon completion of this course, you should be able to:
·1 Differentiate the four basic financial statements and their components, from a user's perspective.
·2 Describe the basic concepts used in the preparation of financial statements, and infer the shortcomings of financial statements information for the reporting of securities through the examination of reporting examples.
·3 Distinguish mark-to-market accounting from historical cost accounting and give examples of some of their limitations through the examination of reporting examples.
By successfully completing this course, you will demonstrate an understanding of the basic accounting background necessary to study accounting for derivatives.
|
| Subject by level |
|
|
| Topics |
|
Section 1: A Review of Derivatives Basics - Financial Statements: Definition and General Description - Balance Sheet: |
| Duration |
|
This online course is equivalent to an in-class course with a duration of 2 hours. Online courses are self-paced, and the time necessary to complete each course will vary with each student |
| Time to comple the course |
|
Six months (user account can be deactivated after this period) |
| Date |
|
Available now |