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BAR Miles 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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B1:M1: ENTERPRISE RISK MANAGEMENT FRAMEWORK📖Governance & Culture ERM2 Topics
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📖Strategy & Objective Setting ERM2 Topics
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📖Performance & Risk Severity2 Topics
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📖Risk Review (ERM)2 Topics
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📖Information, Communication & Reporting (ERM)2 Topics|1 Quiz
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📖Application Of ERM Into ESG2 Topics|1 Quiz
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🎯Comprehensive Test: Enterprise Risk Management Framework ERM Complete After reviewing Farhat and Becker1 Quiz
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🚨🚨HOW TO SOLVE SIMULATIONS (TUTORIAL + VIDEO EXAMPLES)✅ BAR CPA Exam Simulation Tutorial + 2024 and 2025 AICPA Video Questions. Miles10 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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B1:M2: FINANCIAL RISK MANAGEMENT📖Trade-Offs Between Risk & Return2 Topics
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📖Systematic & Unsystematic Risk2 Topics|1 Quiz
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📖Currency Exchange Rate Risk2 Topics
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📖Mitigating Foreign Currency Exchange Rate Risk2 Topics
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📖Financial Risks2 Topics|1 Quiz
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📖Time Value Of Money: Simple Vs. Compounding. APR Vs. EAR3 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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📖Present Value Of Bond Computation & Deferred Annuity6 Topics
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B1:M3: MARKET INFLUENCES ON BUSINESS📖Law Of Demand & Supply4 Topics|2 Quizzes
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📖Market Equilibrium2 Topics|1 Quiz
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📖Price Elasticity Of Demand & Supply4 Topics|1 Quiz
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📖Cross Elasticity & Income Elasticity Of Demand4 Topics|1 Quiz
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📖Inflation & Investments4 Topics|1 Quiz
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📖Michael Porter Competitive Strategies2 Topics|1 Quiz
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📖Porter's Five Forces2 Topics|1 Quiz
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📖SWOT Analysis2 Topics|1 Quiz
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B1:M4: INTERNATIONAL BUSINESS OPERATIONS📖Introduction To International Trade2 Topics|1 Quiz
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📖Structuring International Operations2 Topics|1 Quiz
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📖Exchange & Economic Risks In International Operations2 Topics|1 Quiz
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📖Influences On International Operations2 Topics|1 Quiz
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B1:M5: THE ECONOMIC EFFECT OF SIGNIFICANT TRANSACTIONS📖Mergers & Acquisitions2 Topics|1 Quiz
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📖Divestitures2 Topics|1 Quiz
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🎯Comprehensive Test: Economics Questions + AICPA Previously Released Questions3 Quizzes
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B2:M1: CAPITAL STRUCTURE📖Capital Structure Components2 Topics|1 Quiz
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📖Cost Of Debt & Cost Of Preferred Stock2 Topics|1 Quiz
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📖Capital Asset Pricing Model2 Topics
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📖Cost Of Retained Earnings2 Topics
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📖Bond Yield & Risk Premium (BYRP)2 Topics|1 Quiz
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📖Weighted Average Cost Of Capital (WACC)2 Topics|1 Quiz
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📖Optimal Capital Structure2 Topics
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📖Growth & Profitability2 Topics|1 Quiz
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📖Financial Leverage2 Topics
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🎯AICPA Questions: Capital Structure1 Quiz
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B2:M2: WORKING CAPITAL MANAGEMENT📖Cash & Receivables2 Topics|1 Quiz
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📖Pledging / Selling Recivables6 Topics|2 Quizzes
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📖Cost Flow Assumptions - FIFO, LIFO & Weighted Average4 Topics
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📖Economic Order Quantity2 Topics
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📖Reorder Point & Safety Stock2 Topics
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📖Just In Time Management2 Topics|1 Quiz
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📖Accounts Payable Management2 Topics|2 Quizzes
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📖Letter of Credit2 Topics
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📖Short-Term Vs Long-Term Financing2 Topics
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🎯Comprehensive Test: Working Capital Management + AICPA previously released Questions2 Quizzes
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B2:M3: FINANCIAL VALUATION METHODS📖Basics Of Stock Options2 Topics
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📖Bonds & Bonds Valuation2 Topics
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📖Common Stock Valuation4 Topics|1 Quiz
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📖Components Of Required Rate Of Return2 Topics|1 Quiz
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📖Stock Valuation Using Multiples2 Topics|1 Quiz
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📖Valuation Using Accounting Estimates2 Topics|1 Quiz
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📖Fair Value Measurements2 Topics
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📖Fair Value Of Financial Assets/Liabilities2 Topics
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📖Fair Value Of Non-Financial Assets2 Topics
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🎯Comprehensive Test Security Valuation + AICPA Questions2 Quizzes
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B2:M4: 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 Index PI6 Topics
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🎯Comprehensive Test: Capital Budgeting + AICPA Previously Released Questions2 Quizzes
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B2:M5: MARGINAL ANALYSIS📖Relevant & Irrelevant Cost3 Topics|2 Quizzes
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📖Add Or Drop A Segment5 Topics|1 Quiz
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📖Make Or Buy Components 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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🎯Comprehensive Test: Marginal (differential) + Analysis + AICPA previously Released Questions2 Quizzes
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B3:M1: COST ACCOUNTING📖Basic Cost Accounting Terms2 Topics
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📖Three Baic Manufacturing Cost4 Topics|2 Quizzes
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📖Product Cost Vs Period Cost4 Topics|1 Quiz
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📖Cost Behavior: Variable, Fixed & Mixed Costs4 Topics|1 Quiz
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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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📖Job Order Costing + Predetermined Overhead Rate5 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 & Over-Applied Overhead5 Topics|1 Quiz
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📖Process Costing (Weighted Average)4 Topics
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📖Process Costing (FIFO)8 Topics|2 Quizzes
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🎥+✏️Process Costing (FIFO)🟢
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🎙️Process Costing (FIFO)
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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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🎯Comprehensive Test for: Cost Accounting Concepts + Previously released AICPA Questions2 Quizzes
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🎯Comprehensive ABC, Direct and Full (absorption) Costing : Complete After reviewing Farhat and Becker2 Quizzes
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B3:M2: PERFORMANCE MANAGEMENT📖Benchmarking2 Topics
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📖The 4 Costs Of Quality4 Topics|1 Quiz
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📖Control Charts2 Topics
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📖Pareto Chart2 Topics
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📖Fishbone2 Topics
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📖Non-Financial Measures2 Topics|1 Quiz
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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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📖Return On Investment (ROI)4 Topics|1 Quiz
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📖Residual Income5 Topics|1 Quiz
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📖Economic Value Added (EVA)2 Topics
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📖Return On Equity (ROE)2 Topics
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🎯Comprehensive Test: Responsibility Accounting + Previously Released AICPA Questions : Complete After reviewing Farhat and Becker2 Quizzes
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B3:M3: PROJECTION & FORECASTING TECHNIQUES📖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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📖Cost Volume Profit 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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📖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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📖Cost Structure & Profit Stability2 Topics
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📖Degree Of Operating Leverage (DOL)4 Topics|1 Quiz
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📖Break-Even For Multi-Product4 Topics|1 Quiz
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🎯AICPA Questions: Projection and Forecasting techniques2 Quizzes
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🎯Comprehensive Test: Cost Volume Profit Analysis + AICPA Practice Questions : Complete After reviewing Farhat and Becker2 Quizzes
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B3:M4: MASTER BUDGET & ITS SCCHEDULES📖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 Budget5 Topics|1 Quiz
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🎯AICPA Questions: Budgeting2 Quizzes
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B3:M5: FINANCIAL STATEMENT ANALYSIS📖Intro To Financial Statement Analysis2 Topics
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📖Vertical & Horizontal Analysis2 Topics
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📖Liquidity Ratios2 Topics
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📖Activity Ratios2 Topics
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📖Solvency Ratios2 Topics
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📖Profitability Ratios2 Topics
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📖Market/Investor Ratios2 Topics|1 Quiz
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📖Comprehensive Practice Financial Statement Analysis5 Topics
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📖The Types Of Data & The 4 Vs2 Topics
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📖Data Visualization2 Topics|1 Quiz
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📖The 4 Types Of Data Analytics: Descriptive, Diagnostics, Predictive & Prescriptive2 Topics|1 Quiz
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📖Data Transformation2 Topics|1 Quiz
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📖Primary & Foreign Key3 Topics|1 Quiz
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🎯Comprehensive Test ratios: AICPA Questions2 Quizzes
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B3:M6 VARIANCE ANALYSIS📖Flexible Budget & Performance Analysis7 Topics|2 Quizzes
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📖Direct Material & Labor Variance Analysis6 Topics|2 Quizzes
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📖Variances Using Journal Entries6 Topics
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📖Variable & Fixed Overhead Variances4 Topics|2 Quizzes
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📖Sales Variance Analysis2 Topics
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🎯Comprehensive Test Variance Analysis + Previously Released AICPA Questions : Complete After reviewing Farhat and Becker2 Quizzes
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B4:M1: INTANGIBLES📖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 & Development Cost6 Topics|1 Quiz
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📖Start-Up & Initial Operating Losses4 Topics
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🎯Test: Intangibles Assets and Software Cost3 Quizzes
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B4:M2: REVENUE RECOGNITION ADVANCED TOPICS📖Contract Modification3 Topics
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📖Sales Returns & Allowances2 Topics
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📖Repurchase Agreement2 Topics
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📖Bill & Hold2 Topics
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📖Warranty & Upfront Fees3 Topics
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📖Revenue Recognition Examples2 Topics|2 Quizzes
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📖Percentage Of Completion Method Losses3 Topics
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📖Percentage Of Completion Method3 Topics
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📖Cost Recovery Method For Revenue Recognition2 Topics|2 Quizzes
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📖Accounting For Sales On Consignment2 Topics
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📖Sales Reconciliation2 Topics
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🎯Test: Revenue recognition1 Quiz
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B4:M3: STOCK COMPENSATION📖Accounting For Stock Options3 Topics|1 Quiz
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📖Restricted Stocks3 Topics|2 Quizzes
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📖Share Application Rights SARs2 Topics|2 Quizzes
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🎯Test: stock compensation1 Quiz
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B4:M4: BUSINESS COMBINATIONS & CONSOLIDATED FINANCIAL STATEMENTS📖Intro To Business Combination2 Topics
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📖Variable Interest Entity2 Topics|1 Quiz
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📖Business Combinations: Acquisition Method2 Topics|1 Quiz
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📖Elimination Of The Investment In The Subsidiary2 Topics|1 Quiz
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📖Consolidated Financial Statements2 Topics|1 Quiz
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📖Impairment Of Assets (Intangibles & Goodwill)2 Topics|1 Quiz
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🎯Test: Business Combinations and Consolidations + AICPA Questions2 Quizzes
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B4:M5: CONSOLIDATED FINANCIAL STATEMENTS: FOREIGN CURRENCY TRANSLATION ADJUSTMENTS📖Temporal Method: Remeasurement Model3 Topics|1 Quiz
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📖Current Rate Method | Translation Of Financial Statements3 Topics|1 Quiz
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📖Translation Of Retained Earnings2 Topics
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📖Translation Of Inventory, COGS, & PP&E2 Topics
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📖Translation Of Financial Statements1 Topic
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🎯AICPA Questions: Foreign Currency Translation1 Quiz
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B4:M6: DERIVATIVES & HEDGE ACCOUNTING📖Intro To Hedging & Derivative Instruments3 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 Effectiveness & Documentation5 Topics|2 Quizzes
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🎯Test: Derivatives and Hedging AICPA Questions1 Quiz
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B4:M7: LEASES📖Intro To Accounting For Leases2 Topics|2 Quizzes
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📖Accounting For Sales-Type Lease, Lessor4 Topics
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📖Direct Financing Lease3 Topics
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📖Accounting For Operating Lease By Lessor4 Topics|2 Quizzes
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📖Residual Value For Leases Guaranteed & Unguaranteed For Lessor2 Topics
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📖Initial Direct Costs & Executory Cost2 Topics|1 Quiz
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📖Finance Lease Vs Operating Lease Vs Sales Type Lease1 Topic
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📖Accounting For Leases Sales - Leaseback4 Topics|2 Quizzes
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🎯Test: Leases AICPA Questions1 Quiz
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B4:M8: SEGMENT REPORTING & PUBLIC COMPANY REPORTING TOPICS📖Segment Reporting3 Topics|1 Quiz
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📖Extensible Business Reporting Language (XBRL)2 Topics|1 Quiz
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📖Regulation SK2 Topics|1 Quiz
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📖Regulation SX2 Topics|1 Quiz
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🎯Comprehensive Test: Interim, SEC and Reportable Segments1 Quiz
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B4:M9: FINANCIAL STATEMENTS OF EMPLOYEE BENEFIT PLAN📖Pension Plan Financial Statements2 Topics|1 Quiz
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🎯Test: Pension plans AICPA questions1 Quiz
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B5:M1: BUDGETARY & ACTIVITY ACCOUNTING📖Revenue Recognition For Governmental Accounting2 Topics
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📖Imposed Non-Exchange Revenue Recognition2 Topics
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📖Governmental Grants | On Behalf Payments | Revenue Recognition4 Topics|1 Quiz
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📖Governmental Revenue Recognition Sale Of Assets2 Topics
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📖Expenditures Vs Expenses2 Topics
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📖Compensated Absences Expenditures3 Topics
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📖Pension / Claims & Judgements Expenditures4 Topics
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📖Material & Supplies3 Topics
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📖Capital Asset Under Governmental Accounting1 Topic
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📖Expenditures For Capital Asset, Interest, Principal & Capital/Operating Lease2 Topics
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📖Non-Exchange Expenditures2 Topics
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📖InterFund Governmental Activities3 Topics
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📖Governmental Leases2 Topics
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📖Elements Of Governmental Financial Statements2 Topics
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📖Categories Of Fund Balance2 Topics|1 Quiz
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📖Net Position In Governmental Accounting2 Topics|1 Quiz
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B5:M2: ENCUMBRANCES & OTHER TRANSACTIONS📖Governmental Budgeting | Appropriations | Encumbrances | Estimated Revenues3 Topics
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📖Encumbrances Lapse At Year End | Encumbrances Don't Lapse At Year End3 Topics|2 Quizzes
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B5:M3: GOVERNMENTAL FUNDS & FINANCIAL STATEMENTS: PART 1📖Governmental Funds3 Topics
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📖Special Revenue Funds2 Topics|1 Quiz
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📖Debt Service Funds2 Topics|1 Quiz
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B5:M4: GOVERNMENTAL FUNDS & FINANCIAL STATEMENTS: PART 2📖Capital Project Funds3 Topics|2 Quizzes
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📖Permanent Funds2 Topics|1 Quiz
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B5:M5: PROPRIETARY FUNDS FINANCIAL STATEMENTS📖Accounting For Proprietary Funds | Enterprise Funds2 Topics
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📖Enterprise Funds | Landfill Cost2 Topics
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📖Accounting For Internal Service Funds | Proprietary Funds2 Topics
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📖Cash Flow Statement For Proprietary Funds3 Topics|3 Quizzes
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📖Journal Entries For Enterprise Funds | Financial Statement1 Topic|1 Quiz
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B5:M6: FIDUCIARY FUNDS FINANCIAL STATEMENTS📖Agency / Custodian Funds2 Topics
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📖Private Purpose / Investment Trust Funds2 Topics
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📖Pension Trust Funds2 Topics|2 Quizzes
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B5:M7: FORM & CONTENT OF THE ANNUAL COMPREHENSIVE ANNUAL FINANCIAL REPORT📖Annual Comprehensive Financial Report (ACFR)2 Topics|1 Quiz
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📖Component Units2 Topics|1 Quiz
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B5:M9: FUND FINANCIAL STATEMENTS📖Proprietary Funds2 Topics
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📖Fiduciary Funds2 Topics
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📖Governmental Fund2 Topics
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📖Fund Accounting: Elements Of Governmental Financial Statements2 Topics
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B5:M10: 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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📖Fund Financial Statements2 Topics
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📖Major Fund Rules2 Topics
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📖Reconciliation Government Wide Financial Statements: Capital Assets2 Topics
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📖Reconciliation Government Wide Financial Statements: Long-Term Debt2 Topics
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📖Reconciliation Government Wide Financial Statements: Revenues & Expenses2 Topics
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📖Reconciling Internal Service Funds To Government Wide Financial Statements3 Topics|2 Quizzes
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B5:M11: NOTES & SUPPLEMENTARY INFORMATION📖Management's Discussion & Analysis (MD&A) For Government2 Topics
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📖Notes To The FS - Governmental Accounting2 Topics
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📖Required Supplementary Information (Other Than MD&A)2 Topics|1 Quiz
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🎯Test: Government Accounting and Reporting + AICPA Questions1 Quiz
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💡B3:M1: Cost accounting4 Quizzes
Participants 2357
Lesson 24,
Topic 1
In Progress
🎥Present Value of Annuities
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