Advance Study of Financial reporting as it is promulgated by Financial Accounting Standard Board and other Authoritative bodies; Course will examine Both GAAP and IFRS and in doing so will explore the convergent attempt in unifying the Standards.
Learning Objectives are as follows:
1- An understanding and external Financial Reporting, a tool
2- Ability to understand revenue recognition as well as expense accrual
3- Understanding of measurement and reporting of cash, receivables, inventories, property, plant, and equipment, and intangibles.
4- Understanding of Financial Statements presentation and development of an appreciation for unified format reporting
5- The above issues are analyzed to gain an appreciation for the impact of generally accepted accounting principles and International Financial Accounting Standards on business decisions.
6- Basic undergrad understanding of the accounting cycle and its elements are imperative in success in this course
Sassan Zabeti, CPA, MBA, MS has over twenty five years of diverse experience in tax, Accounting, business management, and consulting. He is a Certified Public Accountant. He also has earned two Master Degrees from University of Texas at Dallas: a Master of Business Administration (MBA) and a Master of Science in Accounting and Information Management (MS). And as a part of his continues commitment to learning, he is currently pursuing his Juris Doctor Degree. Over the course of past twenty five years he has held positions as a college professor, teaching accounting; as coordinator of CPA program, assuring compliance with Texas Board of Public Accountancy; as the chief financial officer of a multimillion dollar enterprise, planning growth and overseeing all financial affairs; as vice president of the largest fitness company in California, overseeing the operations, finance, and sales production of 12 large health clubs; as sales manager of one of the most prestigious automobile dealerships in the US, training the staff, meeting quotas, managing multimillion dollars inventory. As a result of his education and experience, he is able to give sound accounting, entrepreneurial, and business advice as well as build and manage a team of professionals and financial specialists.