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Product Description
According to the AICPA ( American Institute of Certified Public Accountants ), a CPA in today ’ s environment must not only have a high level of technical competence and a sense of commitment to service , but must also have good communications and analytical skills and the ability to work well with people . Employers are looking for individuals who have the ability to analyze and evaluate complex business problems and the interpersonal skills and maturity to make decisions in a client and customer service environment
By continuing to use the company that you adopted in ACC 610 , you will apply the technical competence and other skills required by today ’ s CPAs . Through casestudy analysis , you will develop skills such as communication , presentation , and interpersonal relations in conjunction with technical accounting knowledge . If you have transferred directly into ACC 620 and have not had the opportunity to choose a company , you will do so at this time . You will also use this company in ACC 630 . Throughout ACC 620 and ACC 630 , you will apply the concepts you are learning using the financial data and business scenarios of a prominent retail company . You may choose from Wal-Mart , Target , Sears , Kroger , or Amazon .
ACC 620 : Financial Reporting II is a continuation of ACC 610 . In ACC 620 , your focus in the final project will be on developing skills in critical thinking and applying accounting theories and practices according to generally accepted accounting principles ( GAAP ). You will be analyzing situations and communicating results to decision makers with an emphasis on stockholders ’ equity , income measurement , income taxes , pensions , leases , and statements of changes in financial positions