This badge demonstrates the earner's ability to explain the purpose and elements of an income statement, explain the purpose and elements of a balance sheet, describe the importance of cash flow, how companies are financed, and the purpose of the cash flows statement, define the purpose and power of GAAP, FASB, and IFRS, and explain the terms associated with income taxes, including taxable income, capital gains, computable taxable income, and types of tax rates.
Demonstration of success on this exam will result in the achievement of the
digital badge shown here to be available for display on the earners'
digital portfolio or profile on CampusEd.