My advanced accounting course covers business combinations and consolidated financial statements, comprehensive coverage of accounting and financial reporting of state and local governments, and in-depth study of partnerships and fiduciary accounting. These topics are covered on the CPA exam. Browse from menu above
Introduction to Business Combination (4 lessons)
Introduction to Net Asset Acquisition; Stock Acquisition; Business Consolidations; Asset and Stock Acquisition: Method of Payment; Excess Earnings to Estimate Goodwill; Advanced Accounting.
Accounting for Business Combinations ( 4 lessons)
Goodwill Impairment; Contingent Consideration in a Business Acquisition; Acquisition Accounting & Expenses in a Business Combination; Contingent Consideration in a Business Acquisition; Advanced Accounting.
Consolidated Financial Statements — Date of Acquisition (2 lessons)
Variable Interest Entity; Consolidated Balance Sheet; Elimination of Investment; Advanced Accounting.
Consolidated Financial Statements – After Date of Acquisition (7 lessons)
Investments in Stocks Advanced Accounting, Consolidated Financial Statements Cost Method, Consolidated Financial Statement in Subsequent Year, Equity Method Consolidated Financial Statements, Consolidation Equity Method Full Year Alternative Method.
Allocation and Depreciation of Differences Between Implied and Book Values (5 lessons)
Allocating the Difference Between Implied and Book Value, Consolidate Financial Statement Allocating the Difference, Push Down Accounting Advancing Accounting.
Elimination of Unrealized Profit on Intercompany Sales of Inventory (5 lessons)
Elimination of Unrealized Profit on Intercompany Inventory Sales Advanced Accounting, Elimination of Unrealized Profit on Intercompany Inventory sales advanced, Upstream Sale Equity Elimination of Unrealized Profit Advanced Accounting.
Changes in Ownership Interest (3 lessons)
Changes in Ownership Interest Advanced Accounting, Control Maintained Cost and Equity Method Advanced Accounting, Loss of Control Advanced Accounting
Accounting for Foreign Currency Transactions and Hedging Foreign Exchange Risk (4 lessons)
Foreign Currency Transactions, Hedging, Fair Value method, Cash Flow Hedge.
Translation of Financial Statements of Foreign Affiliates (3 lessons)
Introduction to Translation of Foreign Financial Statements; Translation Method of Foreign Financial Statements: Current Rate Method and Temporal Method; Advanced Accounting.
Partnerships: Formation, Operation, and Ownership Changes (4 lessons)
Introduction to Accounting for Partnerships; Accounting for Allocation of Income/Loss; Accounting for Admission of a New Partner; Accounting for Withdrawal of a Partner; Advanced Accounting.