Practical Financial Accounting Complete

Practical Financial Accounting Complete, available at $19.99, with 99 lectures.

You will learn about Introduction to Financial Accounting Foundations of Financial Accounting AIS Accounting Information Systems Adjusting Entries for Accruals and Deferrals Merchandising Operations with the Multi-Step Income Statement Cash and Internal Controls Receivables Merchandise Inventory Long-Term Assets Liabilities Owners Equity Statement of Cash Flows Financial Statement Analysis This course is ideal for individuals who are Businesses, Financial Accounting students and individuals interested in accounting. It is particularly useful for Businesses, Financial Accounting students and individuals interested in accounting.

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Summary

Title: Practical Financial Accounting Complete

Price: $19.99

Number of Lectures: 99

Number of Published Lectures: 99

Number of Curriculum Items: 99

Number of Published Curriculum Objects: 99

Original Price: $49.99

Quality Status: approved

Status: Live

What You Will Learn

Introduction to Financial Accounting

Foundations of Financial Accounting

AIS Accounting Information Systems

Adjusting Entries for Accruals and Deferrals

Merchandising Operations with the Multi-Step Income Statement

Cash and Internal Controls

Receivables

Merchandise Inventory

Long-Term Assets

Liabilities

Owners Equity

Statement of Cash Flows

Financial Statement Analysis

Who Should Attend

Businesses, Financial Accounting students and individuals interested in accounting.

Target Audiences

Businesses, Financial Accounting students and individuals interested in accounting.

Introduction to Financial Accounting

Learn the Societal Role of Accounting, an intuitive accounting equation, our unique 10 Basic transactions, financial statements, interactive transaction guide and key definitions.

Foundations of Financial Accounting

Explain how the Accounting Principles guide that process and apply your knowledge of Basic Transactions and Debits and Credits. Finish ahead of the Traditional Approach.

AIS Accounting Information Systems

Learn by comparing manual and computerized accounting systems then apply your knowledge with practice in a computerized system with a manual key.

Adjusting Entries for Accruals and Deferrals

Master the chapter that is often viewed as the most difficult topic in the course with a concise, consistent approach.

Merchandising Operations with the Multi-Step Income Statement

Learn how to apply the Buy, Pay, Use, Sell and Collect Transactions to Merchandise Inventory and generate a Relevant Income Statement for the Business.

Cash and Internal Controls

Learn why Cash is King, How Internal Controls Protect it and How it is Managed.

Receivables

Learn the Collect and Use for BAD BAD Debt transactions with the Allowance Method before the Lend transactions for Notes Receivables.

Merchandise Inventory

Explore seven methods to calculate the Use of Inventory to Sell on One worksheet then with Practice before learning the associated management, valuation and reporting issues.

Long-Term Assets

Learn the how to buy then three methods to use long-term assets by depreciating their cost over their useful life.

Liabilities

Learn by examples comparing current liabilities, notes payable and bonds, then practice to develop your skills.

Owner’s Equity

Learn a firm foundation of terms and concepts as the basis for a concise three pages for all the transactions before your practice.

Statement of Cash Flows

Learn Why Ratios are used while comparing two Companies, Slug versus Star, to understand the How behind the formulas

Financial Statement Analysis

Learn Why Ratios are used while comparing two Companies, Slug versus Star, to understand the How behind the formulas

Course Curriculum

Chapter 1: Introduction to Financial Accounting

Lecture 1: Introducing the Practical Approach to Financial Accounting: A Brief Look Inside

Lecture 2: Accountings Role in Society and Related Careers

Lecture 3: Hot Dogs R Us: Quick Start with Key

Lecture 4: Making Sense of the Accounting Equation

Lecture 5: The Ten Basic Transactions-Classification Overview for the Whole Course

Lecture 6: Four Major Financial Statements and Cash Flow Activities

Lecture 7: Interactive Transaction Guide Debits Credits, Financial Statements, Cash Flows

Lecture 8: Top 16 Key Terms and 20 Account Definitions Sorted by Financial Statement

Chapter 2: Foundations of Financial Accounting

Lecture 1: A Brief Look Inside the Financial Foundations Module

Lecture 2: Cash vs. Accrual Accounting

Lecture 3: Certifications, Organizations, Ethics, Laws and Internal Controls

Lecture 4: How the Process Works Repeated and Expanded

Lecture 5: The Ten Basic Transactions Expanded: Reverses, Use, Combinations, Triggers

Lecture 6: Demystifying Debits Credits and Account Balances

Lecture 7: Using the Practical Approach in your Homework Software

Lecture 8: Transaction Practice: Self Graded

Chapter 3: AIS: Accounting Information Systems

Lecture 1: A Brief Look Inside Accounting Information Systems

Lecture 2: Overview Key Issues and Terminology of Accounting Information Systems

Lecture 3: Process Flowcharts comparing Manual and Computerized AIS

Lecture 4: A Closer Look at Controls, Trial Balance Tips and the Closing Process

Lecture 5: Truck Shack Transaction Analysis Practice

Lecture 6: Truck Shack Key: Transactions, Financial Statements, Journal Entries and Ledger

Lecture 7: More Good Stuff: Detail of Process Flowcharts and Practical T Accounts List

Chapter 4: Adjusting Entries for Accruals and Deferrals

Lecture 1: A Brief Look Inside Adjusting Entries for Accruals and Deferrals

Lecture 2: Overview Key Issues and Terminology of Adjusting Entries, Accruals and Deferrals

Lecture 3: Accruals and Deferrals Classification Grid: Practice and Solution

Lecture 4: Deferrals (Cash Before Delivery) Unearned Revenue, Prepaid Expense

Lecture 5: Accrued Revenue and Interest

Lecture 6: Accrued Payroll Expense

Lecture 7: Assets Used: Accrued Supplies and Depreciation Expense

Lecture 8: Adjusting Entries Practice, Key, Trial Balance Key and Chart

Chapter 5: Merchandising Operations with the Multi-Step Income Statement

Lecture 1: A Brief Look Inside Merchandising with the Multi-Step Income Statement

Lecture 2: Overview and Terminology of Merchandising Operations + Multi-Step IS

Lecture 3: Summary of Transactions from the Buyers and Sellers Perspectives

Lecture 4: FOB Shipping Terms have a Big Impact at the End of the Period

Lecture 5: Transactions and Statements: Example, Practice and Solution

Lecture 6: Multi-Step Income Statement With Margin Ratios

Chapter 6: Cash and Internal Controls

Lecture 1: A Brief Look Inside Cash and Internal Controls

Lecture 2: Overview of Key Issues and Terminology of Cash and Internal Controls

Lecture 3: Principles, Analytics and Limitations of Internal Controls

Lecture 4: Internal Controls for Cash Receipts (Collections) and Cash Held

Lecture 5: Internal Controls for Cash Disbursements (Payments)

Lecture 6: Bank Reconciliation – Who Knows? Example, Practice, Solution

Lecture 7: Cash Management, Forecasting and Working Capital Ratios

Chapter 7: Receivables

Lecture 1: A Brief Look Inside Receivables

Lecture 2: Overview of Key Issues and Terminology of Receivables

Lecture 3: The Aging Schedule and the Allowance Method

Lecture 4: Credit Cards and Factors

Lecture 5: Notes Receivable Lend, Earn Interest and Collect

Lecture 6: Receivables Management, Internal Controls and Ratios

Chapter 8: Merchandise Inventory

Lecture 1: A Brief Look Inside Merchandise Inventory

Lecture 2: Overview of Key Issues and Terminology of Merchandise Inventory

Lecture 3: Perpetual vs. Periodic Inventory Systems

Lecture 4: Specific Identification

Lecture 5: FIFO Periodic and LIFO Periodic

Lecture 6: FIFO Perpetual and LIFO Perpetual

Lecture 7: Average Cost Periodic and Perpetual

Lecture 8: FIFO and LIFO Layers: Multiple Unit Purchases and Sales

Lecture 9: Management and Financial Statement Topics

Chapter 9: Long-Term Assets

Lecture 1: A Brief Look Inside Long-Term Assets

Lecture 2: Overview of Key Issues and Terminology of Long-Term Assets

Lecture 3: Acquiring (Buying) a Long-Term Asset

Lecture 4: Straight Line Depreciation

Lecture 5: Declining Balance Depreciation

Lecture 6: Activity Based Depreciation and Depletion

Lecture 7: Selling Long-Term Assets

Lecture 8: Intangible Assets

Lecture 9: Management, Internal Controls and Ratios

Lecture 10: Changes to Long-Term Assets – Useful Life, Impairing, Errors

Chapter 10: Liabilities

Lecture 1: A Brief Look Inside Liabilities

Lecture 2: Overview of Key Issues and Terminology of Liabilities

Lecture 3: Current Liabilities

Lecture 4: Notes Payable

Lecture 5: Issuing Bonds Payable

Lecture 6: Bonds Amortization: Straight Line

Lecture 7: Bond Amortization: Effective Interest

Lecture 8: Reporting Liabilities, Liquidity and Solvency Ratios

Chapter 11: Owners Equity

Lecture 1: A Brief Look Inside Owners Equity

Lecture 2: Overview of Key Issues and Terminology of Owners Equity

Lecture 3: Corporations and Other Forms of Ownership

Lecture 4: Issuing (Selling) Stock

Lecture 5: Treasury (Repurchasing) Stock

Lecture 6: Cash Dividends: Returning Profits to Owners

Lecture 7: Stock Dividends and Stock Splits

Lecture 8: Balance Sheet and Investor Ratios

Chapter 12: Statement of Cash Flows

Lecture 1: A Brief Look inside the Statement of Cash Flows

Lecture 2: Overview of Key Issues and Terminology of the Statement of Cash Flows

Lecture 3: Practical T Method of Cash Inflows and Outflows

Instructors

Dr. Jeff Hillard, CMA, CPA and John Wiley, M.Ed.
Professor of Accounting and Manager Business Tutorial Lab

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