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BAR UWorld Business Analysis and Reporting Supplemental Course
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WELCOME. PLEASE START HERE!
1. Welcome to Farhat Lectures -
2. How to Use This Course & Resources
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3. Choosing the Right CPA Discipline
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4. CPA Exam Study Tips & Common Questions
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🚀Introduce Yourself1 Topic
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🚨🚨🚨2026 AICPA Released Questions1 Topic
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BAR 1-1: FINANCIAL STATEMENT ANALYSIS📖Financial Statement Analysis4 Topics
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📖Financial Ratio Analysis10 Topics|1 Quiz
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📖Comprehensive Practice Financial Statement Analysis5 Topics
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📖Return on Equity (ROE)2 Topics
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📖The types of Data8 Topics|3 Quizzes
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✏️+🎥The types of Data and the 4 Vs. + PPT slides🟢
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🎙️The types of Data and the 4 Vs.
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✏️+🎥Data Visualization + PPT slides🟢
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🎙️Data Visualization
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✏️+🎥The 4 Types of Data Analytics: Descriptive, Diagnostics, Predictive & Prescriptive🟢
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🎙️The 4 Types of Data Analytics: Descriptive, Diagnostics, Predictive & Prescriptive
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✏️+🎥Data Transformation🟢
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🎙️Data Transformation
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✏️+🎥The types of Data and the 4 Vs. + PPT slides🟢
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📖Primary and Foreign Key3 Topics|2 Quizzes
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BAR 1-2: PERFORMANCE MANAGEMENT📖Benchmarking2 Topics
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📖The 4 Costs of Quality4 Topics|1 Quiz
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📖Control Chart2 Topics
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📖Pareto charts2 Topics
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📖Fishbone2 Topics
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📖Non-GAAP Measures2 Topics|1 Quiz
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📖Performance Measurements2 Topics
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📖Balanced Scorecard5 Topics|1 Quiz
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🚨🚨HOW TO SOLVE SIMULATIONS (TUTORIAL + VIDEO EXAMPLES)✅ BAR CPA Exam Simulation Tutorial + 2024 and 2025 AICPA Video Questions. Uworld10 Topics|2 Quizzes
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🎥Understand the 4 Types of Simulations
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🎥🎯BAR AICPA 2024: MCQs and Simulations
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✏️+🎥Previously Released MCQs by AICPA | CPA Exam BAR Part 1🟢
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✏️+🎥Previously Released MCQs by AICPA | CPA Exam BAR Part 2🟢
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🎥# 1 BAR Video Simulation
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🎥# 2 BAR Video Simulation
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🎥# 3 BAR Video Simulation
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🎥# 4 BAR Video Simulation
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AICPA 2025 BAR MCQS Video Solution
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2025 AICPA Simulation BAR: Variances
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🎥Understand the 4 Types of Simulations
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BAR 1-3: COST ACCOUNTING📖Manufacturing Costs4 Topics|2 Quizzes
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📖Product Cost Vs Period Cost4 Topics|1 Quiz
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📖Cost Behavior: Variable, Fixed & Mixed4 Topics|1 Quiz
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📖Job-Order Costing and Overhead application5 Topics|1 Quiz
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📖Cost Flow In Job Order Costing5 Topics
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📖Cost Of Goods Manufactured4 Topics
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📖Under-Applied Overhead & Over-Applied Overhead5 Topics|1 Quiz
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📖Process Costing (Weighted Average)3 Topics
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📖Process Costing (FIFO)9 Topics|2 Quizzes
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🎥+✏️Process Costing (FIFO)🟢
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🎙️Process Costing (FIFO)
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🎥+✏️Process Costing Exercise🟢
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✏️ Process Costing Journal Entries🟢
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✏️Assigning Costs to Units Using the Weighted-Average Method🟢
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✏️Equivalent Units of Production Using the Weighted-Average Method🟢
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✏️Cost per Equivalent Unit Using the FIFO Method🟢
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✏️Assigning Costs to Units Using the FIFO Method🟢
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✏️Cost Reconciliation Report Using the FIFO Method🟢
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🎥+✏️Process Costing (FIFO)🟢
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📖Activity-Based Costing11 Topics|2 Quizzes
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🎥+✏️Activity Based Costing🟢
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🎙️Activity Based Costing
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✏️+🎥Example Activity Based Costing🟢
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✏️ABC Cost Hierarchy🟢
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✏️First-Stage Allocation🟢
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✏️Compute Activity Rates🟢
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✏️Second-Stage Allocation🟢
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✏️Product and Customer Profitability Analysis🟢
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✏️Ashgrove Fabrication, Inc.: Activity-Based Costing 🟢
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✏️Ashgrove Fabrication, Inc.: Action Analysis🟢
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✏️Sterling Precision Corp: Activity-Based Costing for External Reports🟢
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🎥+✏️Activity Based Costing🟢
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📖Joint Product Costing & By-product2 Topics
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📖Projection Techniques2 Topics
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📖Simple regression2 Topics|1 Quiz
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📖High Low Method4 Topics|1 Quiz
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📖CVP Analysis2 Topics
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📖Contribution Margin Ratio2 Topics
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📖Cost Volume Profit Application6 Topics|1 Quiz
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🎥+✏️Cost Volume Profit Application🟢
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🎙️Cost Volume Profit Application
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✏️Computing the Contribution Margin Ratio and Variable Expense Ratio🟢
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✏️The Effect of Changes in Unit Sales on Net Operating Income🟢
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✏️Compute and Use the Degree of Operating Leverage🟢
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✏️Sable Ridge Company: Cost-Volume-Profit Relationships
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🎥+✏️Cost Volume Profit Application🟢
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📖Absorption & Variable Costing9 Topics|3 Quizzes
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🎥+✏️Absorption and Variable Costing🟢
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🎙️Absorption and Variable Costing
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🎥+✏️Example Absorption and Variable Costing🟢
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✏️Variable and Absorption Costing Unit Product Costs🟢
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✏️Variable Costing Income Statement and Net Operating Income Reconciliation🟢
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✏️Reconciliation of Absorption and Variable Costing Net Operating Incomes🟢
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✏️Cestrel Company Absorption and Variable Costing🟢
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✏️ Marlowe Corporation Variable Costing Income Stateme🟢
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✏️ Prescott Corporation🟢
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🎥+✏️Absorption and Variable Costing🟢
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📖Segmented Income Statement Traceable & Common Fixed Cost5 Topics|1 Quiz
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📖Break-Even & Common Errors3 Topics|1 Quiz
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📖Break-Even Point & Target Profit3 Topics|1 Quiz
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📖Target & Cost Volume Profit Analysis3 Topics|1 Quiz
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📖Margin Of Safety3 Topics|1 Quiz
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📖Break-Even For Multi-Product4 Topics|1 Quiz
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📖Cost Structure & Profit Stability2 Topics
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BAR 1-4: VARIANCE ANALYSIS📖Direct Material and Labor Variance Analysis6 Topics|2 Quizzes
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📖Variable and Fixed Overhead Variances4 Topics|2 Quizzes
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📖Variances Using Journal Entries6 Topics
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🎯Comprehensive test: Responsibility Accounting + Previously Released AICPA Questions2 Quizzes
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🎯Comprehensive Test ratios: AICPA Questions2 Quizzes
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🎯Comprehensive Test for: Cost Accounting Concepts + Previously released AICPA Questions2 Quizzes
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🎯Comprehensive ABC, Direct and Full (absorption) Costing2 Quizzes
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🎯AICPA Questions: Absorption vs Contribution Costing1 Quiz
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🎯Comprehensive Test: AICPA Practice Questions3 Quizzes
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🎯Comprehensive Test Variance Analysis + Previously Released AICPA Questions2 Quizzes
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BAR 2-1: BUDGETING📖What Is A Budget & Role Of Budgets2 Topics|1 Quiz
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📖Budgetary Process3 Topics|1 Quiz
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📖Types Of Budgets2 Topics|1 Quiz
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📖Zero Based Budgeting & Rolling Budget2 Topics|1 Quiz
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📖Activity Based Budgeting2 Topics|1 Quiz
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📖Master Budget & Related Schedules10 Topics|2 Quizzes
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🎥+✏️Master Budget and Related Schedules🟢
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🎙️Master Budget and Related Schedules
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✏️Schedule of Expected Cash Collections🟢
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✏️Direct Materials Budge🟢
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✏️Direct Labor Budget🟢
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✏️Manufacturing Overhead Budget🟢
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✏️Selling and Administrative Expense Budget🟢
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✏️Cash Budget🟢
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✏️Budgeted Balance Sheet🟢
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✏️Budgeted Income Statement🟢
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🎥+✏️Master Budget and Related Schedules🟢
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📖Production Budget6 Topics|1 Quiz
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📖Flexible Budget & Performance Analysis7 Topics|2 Quizzes
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BAR 2-2: CAPITAL STRUCTURE📖Capital Structure Components2 Topics|1 Quiz
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📖Cost of Capital Components4 Topics|1 Quiz
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📖Capital Structure and the Weighted Average Cost of Capital6 Topics|1 Quiz
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📖Bond Yield and Risk Premium (BYRP)2 Topics|1 Quiz
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📖Growth, Profitability, and Financial Leverage4 Topics|1 Quiz
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📖Return on Investment4 Topics|1 Quiz
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📖Degree of Operating Leverage (DOL)4 Topics|1 Quiz
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📖Basics of Stock Options.2 Topics
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📖Bonds Valuation2 Topics
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📖Asset Valuation6 Topics
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📖Stock Valuation6 Topics|2 Quizzes
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📖Components of Required Rate of Return2 Topics|1 Quiz
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📖Valuation using Accounting estimates2 Topics|1 Quiz
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📖Residual Income5 Topics|1 Quiz
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BAR 2-3: FINANCIAL DECISION MODELS📖Time Value Of Money For Capital Budgeting7 Topics|1 Quiz
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📖What Is Capital Budgeting?2 Topics|1 Quiz
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📖Net Present Value (NPV)5 Topics|1 Quiz
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📖Depreciation Tax Shield2 Topics
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📖Internal Rate Of Return IRR6 Topics
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📖Payback & Discounted Payback Period5 Topics
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📖Accounting Rate Of Return ARR & Average Accounting Return AAR3 Topics
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📖Profitability Index6 Topics
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📖Buy versus Lease NPV2 Topics
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📖Economic Value Added (EVA)2 Topics
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BAR 2-4: MARGINAL ANALYSIS📖Relevant and Irrelevant Cost3 Topics|2 Quizzes
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📖Add Or Drop A Segment5 Topics|1 Quiz
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📖Make Or Buy Component Analysis5 Topics|1 Quiz
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📖Accepting Or Rejecting Special Order4 Topics|1 Quiz
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📖Utilization Of A Constrained Resource3 Topics|1 Quiz
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📖Sell Or Process Further Decisions5 Topics|1 Quiz
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BAR 2-5: WORKING CAPITAL MANAGEMENT📖Receivables8 Topics|3 Quizzes
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📖Economic Order4 Topics
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📖Risk Management4 Topics|4 Quizzes
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📖Letter of credit2 Topics
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📖Short term versus Long term financing2 Topics
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BAR 2-6: ENTERPRISE RISK MANAGEMENT📖Governance and Culture ERM4 Topics
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📖Performance and Risk Severity4 Topics
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📖Information, Communication and Reporting (ERM)4 Topics|2 Quizzes
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📖Trade-offs Between Risk and Return2 Topics
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📖Systematic and Unsystematic Risk2 Topics|1 Quiz
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📖Mitigating exchange rate risk6 Topics|1 Quiz
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📖Intro To Time Value of Money3 Topics|1 Quiz
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📖Present Value Of Single Amount4 Topics|2 Quizzes
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📖Present Value Of Annuity4 Topics
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📖Future Value Of Annuity5 Topics|1 Quiz
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📖Target Costing2 Topics
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📖Present Value Of Bond Computation & Deferred Annuity6 Topics
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BAR 2-7: MARKET INFLUENCES ON BUSINESS📖Law of Demand & Supply4 Topics|2 Quizzes
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📖Market Equilibrium2 Topics|1 Quiz
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📖Elasticity8 Topics|2 Quizzes
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📖Inflation4 Topics|1 Quiz
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📖Industry Factors4 Topics|2 Quizzes
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📖SWOT Analysis2 Topics|1 Quiz
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BAR 2-8: THE ECONOMIC EFFECT OF SIGNIFICANT TRANSACTIONS📖The Economic Effect of Significant Transactions4 Topics|2 Quizzes
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🎥+✏️Mergers and Acquisitions Horizontal vs. Vertical Integration vs. Circular🟢
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🎙️Mergers and Acquisitions Horizontal vs. Vertical Integration vs. Circular
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🎥+✏️Divestures: Spin-Off, Equity Carve Out and Sale of Assets/Subsidiaries🟢
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🎙️Divestures: Spin-Off, Equity Carve Out and Sale of Assets/Subsidiaries
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🎥+✏️Mergers and Acquisitions Horizontal vs. Vertical Integration vs. Circular🟢
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BAR 2-9: INTERNATIONAL BUSINESS OPERATIONS📖International Trade2 Topics|1 Quiz
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📖International Operations6 Topics|3 Quizzes
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🎯Comprehensive test : Budgeting2 Quizzes
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🎯AICPA Questions: Capital Structure1 Quiz
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🎯Comprehensive Test: Capital Budgeting + AICPA Previously Released Questions2 Quizzes
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🎯Comprehensive Test: Marginal (differential) + Analysis + AICPA previously Released Questions2 Quizzes
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🎯Comprehensive Test: Working Capital Management + AICPA previously released Questions2 Quizzes
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🎯Comprehensive Test: Enterprise Risk Management Framework ERM1 Quiz
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🎯Comprehensive Test Security Valuation + AICPA Questions2 Quizzes
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🎯Comprehensive Test: Economics Questions + AICPA Previously Released Questions3 Quizzes
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BAR 3: Indefinite-lived intangible assets, including goodwill📖Intangible assets6 Topics|2 Quizzes
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📖Impairment Of Intangibles3 Topics
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📖Goodwill Impairment7 Topics|2 Quizzes
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📖Accounting for Computer Software Cost1 Topic|1 Quiz
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📖Research and Development Cost6 Topics|1 Quiz
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📖Start-Up & Initial Operating Losses4 Topics
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🎯Comprehensive Test: Intangibles Assets and Software Cost3 Quizzes
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BAR 4: REVENUE RECOGNITION📖Percentage of Completion Method / Losses5 Topics
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📖Contract Modification3 Topics
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📖Revenue Recognition9 Topics
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📖Accounting for Sales3 Topics
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🎯Comprehensive Test: Revenue recognition1 Quiz
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BAR 5: STOCK COMPENSATION📖Stock Options6 Topics|3 Quizzes
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📖Share-based payments2 Topics|2 Quizzes
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🎯Comprehensive Test: stock compensation1 Quiz
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BAR 6: BUSINESS COMBINATIONS & CONSOLIDATED FINANCIAL STATEMENTS📖Business Combination6 Topics|2 Quizzes
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📖Consolidated Financial Statements2 Topics|1 Quiz
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📖Impairment of Assets (intangibles and Goodwill)1 Topic|1 Quiz
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📖 Consolidations1 Topic|1 Quiz
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BAR 7: CONSOLIDATED FINANCIAL STATEMENTS📖Temporal Method6 Topics|2 Quizzes
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📖Foreign Currency Translation4 Topics|1 Quiz
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🎯Comprehensive test: Business Combinations and Consolidations + AICPA Questions1 Quiz
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🎯AICPA Questions: Foreign Currency Translation1 Quiz
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BAR 8: DERIVATIVES & HEDGE ACCOUNTING📖Hedge Accounting3 Topics
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📖Speculations3 Topics
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📖Fair Value Hedge4 Topics
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📖Cash Flow Hedge4 Topics
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📖Hedging Effectiveness5 Topics|2 Quizzes
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🎯Test: Derivatives and Hedging AICPA Questions1 Quiz
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BAR 9: LEASES📖Accounting for Leases5 Topics|2 Quizzes
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📖Leases7 Topics
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📖Residual Value for Leases3 Topics
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📖Lessor Accounting3 Topics|1 Quiz
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📖Accounting for Leases Sales5 Topics|5 Quizzes
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🎯Test: Leases AICPA Questions1 Quiz
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BAR 10: SEGMENT REPORTING & PUBLIC COMPANY REPORTING📖Segment Reporting3 Topics|2 Quizzes
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📖Extensible Business Reporting Language (XBRL) & regulation6 Topics|3 Quizzes
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🎯Comprehensive Test: Interim, SEC and Reportable Segments1 Quiz
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BAR 11: FINANCIAL STATEMENTS OF EMPLOYEE PENSION PLANS📖Pension Plan Financial Statements2 Topics|1 Quiz
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🎯Test: Pension plans AICPA questions1 Quiz
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BAR 12-1: FORM & CONTENT OF THE ANNUAL COMPREHENSIVE ANNUAL FINANCIAL REPORT📖Annual Comprehensive Financial Report2 Topics|1 Quiz
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📖Component Units2 Topics|1 Quiz
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BAR 12-2: BUDGETARY, ENCUMBRANCES & ACTIVITY ACCOUNTING📖Governmental Accounting5 Topics|2 Quizzes
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📖Encumbrances6 Topics|2 Quizzes
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🎥+✏️Governmental Budgeting | Appropriations | Encumbrances | Estimated Revenues🟢
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🎙️Governmental Budgeting | Appropriations | Encumbrances | Estimated Revenues
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🎥+✏️ Example: Governmental Budgeting: Appropriations, Encumbrances, Estimated Revenues🟢
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✏️+🎥Encumbrances Lapse at Year End | Encumbrances Don't Lapse at Year End🟢
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🎙️Encumbrances Lapse at Year End | Encumbrances Don’t Lapse at Year End
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✏️+🎥Budgetary Governmental Accounting. Encumbrances. CPA Exam Questions🟢
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🎥+✏️Governmental Budgeting | Appropriations | Encumbrances | Estimated Revenues🟢
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📖Revenue Recognition10 Topics|2 Quizzes
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🎥+✏️Revenue Recognition for Governmental Accounting🟢
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🎙️Revenue Recognition for Governmental Accounting
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✏️+🎥 Imposed Nonexchange Revenue Recognition🟢
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🎙️Imposed Nonexchange Revenue Recognition
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🎥+✏️Governmental Grants | On Behalf Payments | Revenue Recognition🟢
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🎙️Governmental Grants | On Behalf Payments | Revenue Recognition
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🎥+✏️Governmental Revenue Recognition Sale of Assets | Permits and Licenses Revenues🟢
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🎙️Governmental Revenue Recognition Sale of Assets | Permits and Licenses Revenues
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✏️+🎥Example: Governmental Grant Revenue Recognition🟢
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✏️+🎥Example: Modified Accrual Basis Revenue🟢
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🎥+✏️Revenue Recognition for Governmental Accounting🟢
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📖Expenditures vs. Expenses7 Topics
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📖Materials and Supplies2 Topics
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📖Expenditures For Capital Assets2 Topics
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📖Nonexchange4 Topics
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BAR 12-3: GOVERNMENT-WIDE FINANCIAL STATEMENTS📖Government wide Financial Statements2 Topics|1 Quiz
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📖Capital Assets in Government-wide FS2 Topics|1 Quiz
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📖Reconciliation Government Wide Financial Statements Assets8 Topics
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✏️+🎥Reconciliation Government Wide Financial Statements Capital Assets🟢
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🎙️Reconciliation Government Wide Financial Statements Capital Assets
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✏️+🎥Reconciliation Government Wide Financial Statements: Long Term Debt🟢
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🎙️Reconciliation Government Wide Financial Statements: Long Term Debt
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✏️+🎥Reconciliation Government Wide Financial Statements: Revenues and Expenses🟢
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🎙️Reconciliation Government Wide Financial Statements: Revenues and Expenses
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✏️+🎥Reconciling Internal Service Funds to Government Wide Financial Statements🟢
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🎙️Reconciling Internal Service Funds to Government Wide Financial Statements
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✏️+🎥Reconciliation Government Wide Financial Statements Capital Assets🟢
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BAR 12-4: DERIVING GOVERNMENT-WIDE FINANCIAL STATEMENTS📖Governmental Financial Statements3 Topics
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BAR 12-5: GOVERNMENTAL FUNDS & FINANCIAL STATEMENTS📖Elements of Governmental Financial Statements6 Topics
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🎥General Fund | Debt Service Funds | Capital Project Funds | Special Revenue Funds
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✏️+🎥Elements of Governmental Financial Statements🟢
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🎙️Elements of Governmental Financial Statements
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🎥Fund Accounting: Elements of Governmental Financial Statements
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🎙️Fund Accounting | Fund Balance | Elements of Governmental Financial Statements
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✏️+🎥Example: Governmental Fund🟢
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🎥General Fund | Debt Service Funds | Capital Project Funds | Special Revenue Funds
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📖Debt Service Funds4 Topics|2 Quizzes
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📖Governmental Funds5 Topics|1 Quiz
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📖Funding sources3 Topics
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BAR 12-6: FUND FINANCIAL STATEMENTS📖Proprietary funds financial statements11 Topics
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✏️+🎥Proprietary Funds🟢
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🎙️Proprietary Funds
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🎥Propriety Funds | Enterprise Funds | Internal Service Funds
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🎥+✏️Accounting for Proprietary Funds | Enterprise funds 🟢
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🎙️Accounting for Proprietary Funds | Enterprise funds
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🎥+✏️Enterprise Funds | Landfill Cost 🟢
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🎙️Enterprise Funds | Landfill Cost
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✏️+🎥Fiduciary Funds🟢
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🎙️Fiduciary Funds
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✏️+🎥Fund Financial Statements🟢
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🎙️Fund Financial Statements
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✏️+🎥Proprietary Funds🟢
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📖Accounting for Internal Service Funds9 Topics|4 Quizzes
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🎥+✏️Accounting for Internal Service Funds | Proprietary Funds 🟢
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🎙️Accounting for Internal Service Funds | Proprietary Funds
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🎥+✏️Cash Flow statement for proprietary Funds 🟢
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🎙️Cash Flow statement for proprietary Funds
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✏️+🎥Example Cash Flow Statement for Proprietary Funds🟢
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✏️+🎥Example: Journal Entries for Enterprise Funds | Financial Statements🟢
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✏️+🎥CPA Exam Questions. Proprietary Funds🟢
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✏️+🎥Major Fund Rules🟢
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🎙️Major Fund Rules
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🎥+✏️Accounting for Internal Service Funds | Proprietary Funds 🟢
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📖 Agency / Private Purpose Financial Statements3 Topics|2 Quizzes
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📖Pension Trust Funds2 Topics
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BAR 12-7: NOTES & SUPPLEMENTARY INFORMATION📖Management's Discussion and Analysis2 Topics
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📖Notes to FS & Required Supplementary Information (other than MD&A)4 Topics|1 Quiz
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📖Classification of fund balance4 Topics|2 Quizzes
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🎯Test: Government Accounting and Reporting + AICPA Questions1 Quiz
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💡BAR 14: State and Local Governments: 14.03 Governmental funds financial statements1 Topic
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📖Cost Flow Assumptions4 Topics
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📖Cost Recovery Method for Revenue Recognition1 Topic|2 Quizzes
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📖CPA Exam Simulation & Questions2 Topics|2 Quizzes
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