Intermediate Financial Accounting

Intermediate Financial Accounting, available at $39.99, has an average rating of 4.2, with 135 lectures, based on 16 reviews, and has 76 subscribers.

You will learn about Double entry Accounting Equation Ledgers & balancing accounts Trial balance Income statement & Balance sheet /SPL & SOFP Bank reconciliation Control accounts Cash book Petty cash book Suspense accounts Extended/adjusted trial balance depreciation Disposal Accruals & prepayments Inventories Sole trader final accounts Incomplete records Partnership accounts Company accounts VAT (UK) Payroll Taught by UK experienced lecturer & Chartered accountant Access to course materials This course is ideal for individuals who are Accounting students of any level or Small business owners who wants to know about basic bookkeeping or AAT level 2 & 3 students or IGCSE & A level accounting students or University 1st year accounting students It is particularly useful for Accounting students of any level or Small business owners who wants to know about basic bookkeeping or AAT level 2 & 3 students or IGCSE & A level accounting students or University 1st year accounting students.

Enroll now: Intermediate Financial Accounting

Summary

Title: Intermediate Financial Accounting

Price: $39.99

Average Rating: 4.2

Number of Lectures: 135

Number of Published Lectures: 135

Number of Curriculum Items: 135

Number of Published Curriculum Objects: 135

Original Price: $189.99

Quality Status: approved

Status: Live

What You Will Learn

Double entry

Accounting Equation

Ledgers & balancing accounts

Trial balance

Income statement & Balance sheet /SPL & SOFP

Bank reconciliation

Control accounts

Cash book

Petty cash book

Suspense accounts

Extended/adjusted trial balance

depreciation

Disposal

Accruals & prepayments

Inventories

Sole trader final accounts

Incomplete records

Partnership accounts

Company accounts

VAT (UK)

Payroll

Taught by UK experienced lecturer & Chartered accountant

Access to course materials

Who Should Attend

Accounting students of any level

Small business owners who wants to know about basic bookkeeping

AAT level 2 & 3 students

IGCSE & A level accounting students

University 1st year accounting students

Target Audiences

Accounting students of any level

Small business owners who wants to know about basic bookkeeping

AAT level 2 & 3 students

IGCSE & A level accounting students

University 1st year accounting students

Intermediate Financial Accounting: A comprehensive detailed course by UK experienced lecturer & Chartered accountant. Must do for professional & university students as well as small businesses & aspiring accountants.

Overview

Learn beginners to advanced level of Bookkeeping , financial accounting, preparation of financial statements, boost your CV & keep your boss happy with impressive work. Free accounting course included.

This is a comprehensive Accounting & Bookkeeping course which will increase your confidence in daily accounting work.

This course is will help you to pass AAT level 2 & 3, CAT, ACCA, AQA A level accounting exam as well as other professional & academic exams.

The course is developed with years of research , guided by a Chartered Accountant & experienced UK lecturer.

You may claim CPD hours after course completion.

Description

Your practice to pass course of AAT level 3(AVBK) Advanced Bookkeeping & final accounts preparation (FAPR). You will learn from Zero to pro of Financial accounting

*Comprehensive pre-recorded bite size hd video lectures using BPP materials.

*Course materials can be accessed online.

*Short quizzes.

*All questions and test your learnings covered from text book.

*20+ hours of lectures in small videos.

*Guaranteed satisfaction & plenty of practice.

*Revision mock video.

*Social media Student community where thousands students getting help and sharing resources.

*Top AAT country leading tutor.

All you need to do is sit with a pen, paper & calculator, watch our vides, practice & pass you exams.

Professionals in bookkeeping & accounting will gain valuable knowledge on financial accounting

Curriculum

Bookkeeping Transaction

Books of prime entry

Sales related day books

Purchases related day books

Double entry

Activity 1

Balancing accounts

VAT

Trial Balance

Questions

Accounting principles

SOFP/Balance sheet Proforma

SPL/Income statement Proforma

Accounting Equation

Organisational Policies & Procedures

Ethical Fundamental principles

Threats to fundamental principles

Test your understanding

Purchase of non current assets

Introduction of non current assets

Capital Vs Revenue Expenditure

VAT on Non current asset

Authorising Capital expenditure

Accounting of Non Current assets

Test Your understanding

Depreciation of non current assets

What is depreciation

Straight line depreciation

Diminishing method

Units of production method

Assets acquared part way through

Accounting for depreciation

Test Your Understanding

Disposal of non current assets

Introduction

Disposal of non current assets

Part Exchange

Assets disposed partway through

Non current asset register

Question practice

Summary double entry

Test your understanding

Accruals & prepayments

Accruals of expenses

Reversal of accruals

Prepaid expenses

Reversal of prepaid expenses

Accrued income

Reversal of accrued income

Prepaid income

Reversal of prepaid income

PAPA ALLA

Trial balance extract

Summary

Test your understanding

Inventories

Inventory intro & Cost of goods sold

Inventory Quantity & valuation

Calculating cost of inventory from selling price

Fifo,Lifo & Avco theory

Closing inventory reconciliation

Test your understanding

Irrecoverable & doubtful debt

Introduction

Irrecoverable debt/ Bad debt

Recovery of irrecoverable debt

Doubtful debt

Adjustment of allowance for doubtful debt

Summary

Test your understanding

Bank reconciliation statements

BRS reason of differences in cash book & bank statement balance

Steps to update cash book & BRS

BRS long question Activity 1

Assessment question 1

Assessment style Activities

Knowledge test activity

Test your understanding

Control accounts

Introduction

SLCA / Receivables ledger control accounts

PLCA / Payables ledger control accounts

Reconciling supplier statement

Discounts

Contra entry

Activity 1 & 2

Assessment style question 1

Assessment style question 2

Payroll

Test your understanding

Suspense accounts

Introduction

COPCOR errors not shown by trial balance

Errors cause imbalance in trial balance

Suspense accounts

Adjustments & extended trial balance

Trial balance extract activities

Test your understanding

Extended/Adjusted trial balance

Introduction

Extended TB Activity 1

Adjustments recap

Inventories in ET

Completing ET

Final steps

Test your understanding

Organisation & their final accounts

Types of business

Companies act

LLP / Limited liability partnership

Ethics

Threats to ethical independence

Data protection & security

Test your learning

Incomplete records

Introduction & errors in accounts

VAT recap

SLCA, VAT & Bank

PLCA, SLCA & Bank

Markup & margin

Accounting Equation

Goods drawings

Test your learning

Accounting for sole trader

SPL Proforma

SOFP proforma

Examples of SPL & SOFP

Assessment style task

COGS in Trial balance

Test your learning

Accounts for partnership

Introduction & partnership agreement

Appropriation & current account

Capital account

Financing section

Activity 1

Activity2

Current account debit balance

Changes to partnership

Goodwill

SOFP

Test your learning

Course Curriculum

Chapter 1: Bookkeeping Transactions

Lecture 1: Introduction

Lecture 2: Sales day book

Lecture 3: Purchase daybook

Lecture 4: Double entry

Lecture 5: Activity 1

Lecture 6: Balancing accounts (Balance c/d & b/d)

Lecture 7: Vat

Lecture 8: Trial Balance

Lecture 9: Question practice

Chapter 2: Accounting principles (FS Format & Ethics)

Lecture 1: SOFP/ Balance sheet format

Lecture 2: SPL/Income statement format

Lecture 3: Accounting equation

Lecture 4: Organisation policies & procedures

Lecture 5: Ethical fundamental principles

Lecture 6: Threats to fundamental principles

Lecture 7: Question practice

Chapter 3: Purchase of non current assets

Lecture 1: Introduction

Lecture 2: Capital & revenue expenditure

Lecture 3: Vat on non current assets

Lecture 4: Authorising capital expenditure

Lecture 5: Accounting for non current assets

Lecture 6: Question practice

Chapter 4: Depreciation of non current asset

Lecture 1: What is depreciation

Lecture 2: Straight line method

Lecture 3: Reducing balance/ Diminishing method

Lecture 4: Units of production method

Lecture 5: Assets bought part way through

Lecture 6: Accounting for depreciation

Lecture 7: Test your learning

Chapter 5: Disposals of non current assets

Lecture 1: Introduction

Lecture 2: Disposals of non current assets

Lecture 3: Part exchange

Lecture 4: Assets disposed part way through

Lecture 5: Non current asset register

Lecture 6: Question practice

Lecture 7: Summary of double entry

Lecture 8: Test your learning

Chapter 6: Accruals & prepayments

Lecture 1: Accruals of expenses

Lecture 2: Reversal of accruals

Lecture 3: Prepayments of expenses

Lecture 4: Reversal of prepayments

Lecture 5: Accrued income

Lecture 6: Reversal of accruals of income

Lecture 7: Prepaid income

Lecture 8: Reversal of prepaid income

Lecture 9: Papa Alla

Lecture 10: Trial balance extract

Lecture 11: Summary

Lecture 12: Test your learning

Chapter 7: Inventories

Lecture 1: Introduction

Lecture 2: Quantity & valuation

Lecture 3: Inventory from selling price

Lecture 4: Fifo, Lifo & Avco theory

Lecture 5: Reconciliation

Lecture 6: Test your learning

Chapter 8: Irrecoverable debt/ Bad debt & doubtful debt

Lecture 1: Introduction

Lecture 2: Irrecoverable debt/ Bad debt

Lecture 3: Recovery of bad debt

Lecture 4: Doubtful debt

Lecture 5: Allowance/Provision for doubtful debt

Lecture 6: Summary

Lecture 7: Test your learning

Chapter 9: Banks reconciliation statements

Lecture 1: Introduction

Lecture 2: Steps to update cash book & BRS

Lecture 3: BRS further practice

Lecture 4: Assessment style question

Lecture 5: BRS question 2

Lecture 6: Knowledge test

Lecture 7: Test your learning

Chapter 10: Control accounts

Lecture 1: Introduction

Lecture 2: Receivables ledger control accounts/SLCA

Lecture 3: Payables ledger control accounts/PLCA

Lecture 4: Reconciling supplier statements

Lecture 5: Discounts

Lecture 6: Contra entry

Lecture 7: Activity 1

Lecture 8: Assessment style question

Lecture 9: Question practice

Lecture 10: Payroll

Lecture 11: Test your learning

Chapter 11: Suspense accounts

Lecture 1: Introduction

Lecture 2: Errors not revealed by trial balance (COPCOR)

Lecture 3: Errors shown by trial balance

Lecture 4: Suspense accounts

Lecture 5: Adjustments & extended trial balance

Lecture 6: Trial balance extract

Lecture 7: Test your learning

Chapter 12: Adjustments & extended trial balance

Lecture 1: Introduction

Instructors

Md Ilias Rubel FCCA, MBA
Chartered Accountant & Accounting Lecturer

Rating Distribution

1 stars: 1 votes

2 stars: 2 votes

3 stars: 0 votes

4 stars: 6 votes

5 stars: 7 votes

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