Dive into a comprehensive 6-hour video series covering essential intermediate accounting topics. Enhance your accounting skills, prepare for the CPA exam, and explore numerous accounting examples. Learn about accruals, VAT, deferred tax assets, suspense accounts, COGS, retained earnings, assets vs liabilities, goodwill, EPS, cash flow statements, US GAAP vs IFRS, asset impairment, inventory methods, tax rates, financial statements, contra accounts, intangible assets, revenue recognition, adjusting entries, bad debt accounting, treasury stock, noncontrolling interest, operating segments, and more. Master key concepts through detailed explanations and practical examples to strengthen your understanding of intermediate accounting principles.
Overview
Syllabus
Accruals explained.
VAT Value Added Tax explained.
Deferred tax assets.
Suspense accounts explained.
Cost Of Goods Sold (COGS) explained.
Retained Earnings explained.
Deferred tax explained.
Assets vs Liabilities.
Goodwill explained.
Earnings Per Share explained.
Cash flow statement indirect method.
US GAAP vs IFRS.
Cash flow statement direct vs indirect method.
Asset impairment explained.
FIFO vs LIFO example.
First In First Out (FIFO) inventory method.
Marginal tax rate.
Current assets and current liabilities.
Statement of changes in equity.
Consolidated financial statements.
Contra accounts explained.
Statement of financial position.
Statement of comprehensive income.
Statement of comprehensive income.
Intangible Assets explained.
Cash flow statement direct method.
Revenue recognition explained.
Product cost vs period cost.
Adjusting entries.
Deferred revenue explained.
Accrued revenue vs deferred revenue.
Bad debt accounting.
Cash flow forecast.
Treasury stock explained.
LIFO method accounting.
Prepaid expenses explained.
Noncontrolling interest.
Adjusted Earnings Per Share.
Effective tax rate.
Deferred tax liabilities.
Price variance vs efficiency variance.
Prepaid expense examples.
Operating segments.
FIFO adjustment from standard costing.
Taught by
The Finance Storyteller
