Upon completion of this course, students will be able to: discuss accounting for investments by preparing entries and properly recording financial information under a variety of different scenarios; account for and disclose financial information for transactions as they apply to current liabilities and contingencies; outline accounting for bonds payable and notes payable by preparing appropriate entries and financial disclosure information for the bonds and notes along with related balance sheet and income statement accounts; analyze and record accounting transactions that apply to income taxes and related accounts on the income statement and the balance sheet; prepare and describe transactions about a company’s leases, for both operating leases and capital leases; explain the different type of entries and financial disclosures required for pension plans and related post-retirement benefits, such as medical insurance; discuss and prepare financial information and transactions as it pertains to stock options and other related equity-type compensation plans; account for a variety of accounting changes and error types found on the financial statements, including prospective and retrospective-type disclosures; demonstrate an introductory knowledge of the accounting for derivatives on the financial statements; and prepare and explain a statement of cash flows, with its categories of cash flows from operating, investing, and financing activities, and discuss and evaluate disclosure requirements for cash flows.