Auditing requires accounting knowledge, but you’ll also cover analytical techniques, practice communication and interpersonal skills, and learn to apply sound judgment and professional ethics. AuditingĪuditing is one of the critical functions that accountants provide, ensuring investors, regulators and the public at large that reported financial information - and sometimes other information - can be relied upon.

Though only some accountants choose to specialize in tax work, all accountants need to understand fundamental tax principles. Though tax law changes frequently, this course is designed to provide a framework that will give you a solid grasp of U.S. Taxes have an impact on purchasing decisions, investments, how businesses are structured and more. income tax system and how it applies to businesses and individuals. In the core tax curriculum, you’ll learn to understand the U.S. Managerial accounting allows accountants to apply their analytical and problem-solving skills to real-world business challenges. Accountants often are key advisers to business decision-makers or they make the decisions themselves. In managerial accounting, you’ll learn about management planning, budgeting and control, with a focus on how managers use accounting information to make decisions. Managerial AccountingĪccounting is an essential management tool for all businesses.

These finance concepts can also come into play in financial reporting, tax and auditing.

Accountants must understand these concepts to advise clients about their use of capital. Students learn how financial markets operate, including equity, debt and options. This includes analyzing risk, calculating returns, valuing cash flows and understanding the time value of money. In finance, you’ll learn how individuals and companies make decisions about using capital.

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