Herzing University Online Financial Statement Discussion

Please respond to the following questions based upon these course objectives:

• Prepare a consolidated financial statement.
• Record the proper accounting treatment for intercompany transactions.
• Analyze the effect of business combinations on the statement of cash flows.
• Record the effects of foreign currency transactions.
• Interpret FASB, AICPA, and SEC pronouncements as they relate to the topics above.

Please answer the following questions with supporting examples and full explanations.

• For each of the learning objectives, provide an analysis of how the course supported each objective.
• Explain how the material learned in this course, based upon the objectives, will be applicable to professional application.

Reflect back on your journey through this course and answer the following:

• What aspects of the profession do you find most challenging, and how will you strengthen those areas as a professional?