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FAR UWorld Supplemental Course

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  1. WELCOME. PLEASE START HERE!

    🚀 Start Here: Welcome, Course Resources & Success Tips
  2. 🚀Introduce Yourself
    1 Topic
  3. 🚨🚨🚨2026 AICPA Released Questions
    1 Topic
  4. REVIEW/REFRESH BASIC ACCOUNTING MODULE
    🚀Start Strong: Master the Basics Before You Advance. UWorld
    1 Quiz
  5. 📖Basics Of Accounting
    3 Topics
    |
    2 Quizzes
  6. 📖Adjusting Entries
    6 Topics
    |
    2 Quizzes
  7. 📖Financial Statements
    5 Topics
  8. 📖Closing Entries
    5 Topics
    |
    2 Quizzes
  9. 📖Converting Cash To Accrual
    6 Topics
    |
    1 Quiz
  10. 📖Reversing Entries
    2 Topics
    |
    2 Quizzes
  11. FAR 1.01- BALANCE SHEET
    📖Balance Sheet Overview
    15 Topics
    |
    1 Quiz
  12. FAR 1.02- INCOME STATEMENT
    📖Uses & Limitations of Income Statement
    2 Topics
    |
    1 Quiz
  13. 📖Income Statement - Content, Format & Elements
    6 Topics
    |
    1 Quiz
  14. 📖Unusual Gains/Losses & Noncontrolling Interest
    4 Topics
  15. 📖Discontinued Operations
    6 Topics
    |
    2 Quizzes
  16. 📖Foreign Currency Transactions
    3 Topics
    |
    1 Quiz
  17. 🎯Comprehensive Test: Discontinued Operations
    1 Topic
    |
    1 Quiz
  18. ✅ CPA Exam Simulation Tutorial + AICPA Video Questions
    18 Topics
    |
    2 Quizzes
  19. FAR 1.03- COMPREHENSIVE INCOME
    📖Comprehensive Income
    7 Topics
    |
    1 Quiz
  20. 🎯Comprehensive Test: Comprehensive Income & Foreign Currency + AICPA Questions
    1 Topic
    |
    2 Quizzes
  21. FAR 1.04 STATEMENT OF CHANGES IN EQUITY
    📖Statement Of Retained Earnings & Changes In Equity
    3 Topics
  22. FAR 1.06- STATEMENT OF CASH FLOWS
    📖Introduction To The Statement Of Cash Flows
    4 Topics
    |
    2 Quizzes
  23. 📖Operating Section: Indirect Method
    4 Topics
    |
    2 Quizzes
  24. 📖How To Prepare The Operating Section Statement Of Cash Flows
    3 Topics
  25. 📖Investing Section
    4 Topics
  26. 📖Financing Section
    3 Topics
    |
    2 Quizzes
  27. 📖Comprehensive Example
    1 Topic
  28. 🎯Test: Statement of Cash Flows + AICPA Questions
    1 Quiz
  29. FAR 1.07- CONSOLIDATED FINANCIAL STATEMENTS
    📖Introduction To Consolidation
    4 Topics
  30. 📖Elemination Entries Of The Investment In Subsidiary
    3 Topics
  31. 📖Balance Sheet Eliminating Entries
    2 Topics
    |
    1 Quiz
  32. 📖Elimination Of Non Depreciable Assets
    2 Topics
    |
    1 Quiz
  33. 📖Elimination Of Depreciable Assets
    2 Topics
    |
    1 Quiz
  34. 📖Elimination Of Bonds Payable
    2 Topics
    |
    1 Quiz
  35. 📖Consolidated Financial Statements
    5 Topics
    |
    1 Quiz
  36. 📖Pushdown Accounting
    1 Topic
    |
    2 Quizzes
  37. 📖Inventory Eliminating Entries
    2 Topics
    |
    1 Quiz
  38. 🎯Test: Business Combinations and Consolidations + AICPA Questions
    1 Quiz
  39. FAR 1.08- NOTES TO FINANCIAL STATEMENTS
    📖Notes To Financial Statements
    2 Topics
  40. FAR 2- NOT-FOR-PROFIT FINANCIAL REPORTING
    📖Introduction To Not For Profit Accounting / Statement Of Financial Position
    2 Topics
  41. 📖Statement Of Activities
    2 Topics
  42. 📖Statement Of Cash Flows
    2 Topics
  43. 📖Contribution Revenue, Contribution Of Services And Donated Material
    6 Topics
  44. 📖Example
    2 Topics
    |
    2 Quizzes
  45. 📖Accounting For Health Care Providers
    4 Topics
    |
    1 Quiz
  46. 🎯Test: Not For Profit AICPA Questions
    1 Quiz
  47. FAR 3- GOVERNMENTAL ACCOUNTING OVERVIEW
    📖Introduction To Governmental Accounting
    6 Topics
    |
    4 Quizzes
  48. 📖Fund Accounting
    5 Topics
  49. 📖Governmental Funds
    3 Topics
  50. 📖Proprietary Funds
    2 Topics
  51. 📖Fiduciary Funds
    2 Topics
  52. 📖Modified Accrual Accounting
    3 Topics
  53. 🎯Test: Government Accounting and Reporting + AICPA Questions
    1 Quiz
  54. FAR 4- PUBLIC COMPANY REPORTING
    📖Public Company Reporting
    4 Topics
    |
    1 Quiz
  55. 📖Basic EPS
    4 Topics
    |
    1 Quiz
  56. 📖Diluted EPS
    10 Topics
    |
    2 Quizzes
  57. 🎯Test: Earnings Per Share + AICPA Questions
    1 Topic
    |
    1 Quiz
  58. 🎯Comprehensive Test: SEC Reporting Requirements
    1 Quiz
  59. FAR 5- SPECIAL PURPOSE FRAMEWORK
    📖Special Purpose Framework
    3 Topics
  60. 🎯AICPA Questions: Cash to Accrual
    1 Quiz
  61. FAR 6- RATIO & VARIANCE ANALYSIS
    📖Ratio Analysis
    15 Topics
    |
    1 Quiz
  62. 📖Variance Analysis
    2 Topics
    |
    2 Quizzes
  63. 🎯Test: Ratio Analysis
    1 Topic
    |
    1 Quiz
  64. FAR 7- CASH & CASH EQUIVALENTS
    📖Cash & Cash Equivalents
    10 Topics
    |
    2 Quizzes
  65. FAR 8- TRADE & NOTES RECEIVABLE
    📖Account Or Trade Receivable
    13 Topics
    |
    2 Quizzes
  66. 📖Notes Receivable
    6 Topics
    |
    2 Quizzes
  67. 📖Pledging & Factoring Receivable
    8 Topics
  68. 🎯Comprehensive Test: Cash and Receivables + AICPA Questions
    2 Topics
    |
    2 Quizzes
  69. FAR 9- INVENTORY
    📖Perpetual Versus Periodic
    6 Topics
    |
    2 Quizzes
  70. 📖FOB Shipping & Destination
    3 Topics
  71. 📖Period & Product Cost
    4 Topics
  72. 📖Cost Flow Assumptions (FIFO, LIFO, etc.)
    6 Topics
    |
    2 Quizzes
  73. 📖Inventory Errors
    6 Topics
    |
    1 Quiz
  74. 📖Dollar Value LIFO
    7 Topics
    |
    2 Quizzes
  75. 📖Lower Of Cost or Net Realizable Value
    11 Topics
    |
    2 Quizzes
  76. 📖Relative Sales Value Method Lump Sum Purchase
    3 Topics
    |
    1 Quiz
  77. 📖Purchase Commitment
    3 Topics
    |
    1 Quiz
  78. 📖Estimating Inventory Using Gross Profit
    4 Topics
    |
    2 Quizzes
  79. 🎯Test: Inventory + AICPA Questions
    1 Topic
    |
    1 Quiz
  80. FAR 10.1- PROPERTY, PLANT & EQUIPMENT
    📖Cost Basis
    11 Topics
    |
    2 Quizzes
  81. 📖Interest Capitalization
    7 Topics
    |
    2 Quizzes
  82. FAR 10.2- DEPRECIATION & IMPAIRMENT
    📖Depreciation
    18 Topics
    |
    2 Quizzes
  83. 📖Depletion Expense
    3 Topics
    |
    2 Quizzes
  84. 📖Disposition Of Property Plant & Equipment
    2 Topics
    |
    1 Quiz
  85. 📖Impairment Losses
    3 Topics
    |
    1 Quiz
  86. 🎯Test: Fixed Assets including Interest Capitalization and Impairment + AICPA Questions
    1 Topic
    |
    1 Quiz
  87. FAR 11.1- FINANCIAL INSTRUMENTS
    📖Introduction To Investments
    2 Topics
  88. 📖Accounting For Debt Securities
    10 Topics
    |
    2 Quizzes
  89. 📖Equity Securities
    2 Topics
    |
    2 Quizzes
  90. 📖Impairment Of Value Of Debt Investment CECL
    2 Topics
    |
    1 Quiz
  91. 📖Statement Of Comprehensive Income & Reclassification Adjustment
    5 Topics
    |
    1 Quiz
  92. 📖Financial Instruments Disclosures
    2 Topics
    |
    1 Quiz
  93. FAR 11.2- EQUITY METHOD
    📖Equity Method
    6 Topics
    |
    3 Quizzes
  94. 🎯Test: Marketable Securities and Investments + AICPA Questions
    1 Quiz
  95. FAR 12- INTANGIBLE ASSETS WITH FINITE LIVES
    📖Intangible Assets
    10 Topics
    |
    2 Quizzes
  96. 📖Franchise Accounting
    2 Topics
  97. 📖Cloud Computing Arrangement
    1 Topic
  98. 🎯Test: Intangibles Assets and Software Cost
    1 Topic
    |
    1 Quiz
  99. FAR 13- PAYABLE & ACCRUED LIABILITIES
    📖Current Liabilties
    11 Topics
    |
    3 Quizzes
  100. 📖Short-Term Obligations Expected To Be Refinanced
    2 Topics
    |
    2 Quizzes
  101. 📖Payroll Liabilities
    3 Topics
  102. 📖Asset Retirement Obligation
    3 Topics
  103. 📖Exit Disposal
    2 Topics
  104. FAR 14.1- TIME VALUE OF MONEY
    📖Time Value Of Money
    22 Topics
    |
    2 Quizzes
  105. 📖Debt Covenant
    2 Topics
  106. FAR 14.2- BONDS
    📖Bonds
    9 Topics
  107. 📖Issue Bonds Between Interest Payments
    6 Topics
  108. 📖Types Of Bonds
    2 Topics
    |
    1 Quiz
  109. 📖CPA Exam Questions: Bonds Payable
    3 Topics
    |
    2 Quizzes
  110. 📖Fair Value Options For Libabilities
    2 Topics
  111. 📖Long Term Notes Payable
    3 Topics
    |
    2 Quizzes
  112. FAR 14.3- DEBT RETIREMENT & RESTRUCTURING
    📖Debt Retirement
    5 Topics
    |
    1 Quiz
  113. 📖Debt Restructuring
    6 Topics
    |
    2 Quizzes
  114. 🎯Test: Bonds and Other Non current Liabilities + AICPA Questions
    1 Quiz
  115. FAR 15.1- STOCKHOLDERS' EQUITY
    📖Issuing Common Stock
    10 Topics
    |
    2 Quizzes
  116. 📖Preferred Stock
    3 Topics
    |
    2 Quizzes
  117. 📖Retained Earnings
    3 Topics
    |
    1 Quiz
  118. 📖Treasury Stock
    11 Topics
    |
    2 Quizzes
  119. 📖Book Value Per Share
    4 Topics
  120. 📖Stock Subscriptions & Stock Rights
    1 Topic
    |
    1 Quiz
  121. 📖Dividends
    6 Topics
    |
    2 Quizzes
  122. 📖Property & Liquidating Dividends
    6 Topics
  123. 📖Stock Dividend & Stock Split
    5 Topics
  124. FAR 15.2- PARTNERSHIP
    📖Partnership
    10 Topics
    |
    1 Quiz
  125. 🎯Test: Stockholders’ Equity
    1 Topic
    |
    1 Quiz
  126. FAR 16- ACCOUNTING CHANGES & ERROR CORRECTIONS
    📖Accounting Changes
    3 Topics
    |
    2 Quizzes
  127. 📖Changes In Estimates
    2 Topics
  128. 📖Changes In Reporting Entity
    2 Topics
    |
    2 Quizzes
  129. 📖Error Analysis
    5 Topics
  130. 🎯Comprehensive Test: Changes in Accounting Principles + AIPCPA Questions
    1 Topic
    |
    1 Quiz
  131. FAR 17- CONTINGENCIES & COMMITMENTS
    📖Loss Contingency & Estimated Liability
    4 Topics
  132. 📖Premium & Coupon Explained
    4 Topics
  133. 📖Warranty Cost
    7 Topics
    |
    2 Quizzes
  134. 🎯Test: Payables and contingencies
    1 Quiz
  135. FAR 18- REVENUE RECOGNITION
    📖Revenue Recognition 5 Steps
    15 Topics
    |
    2 Quizzes
  136. 📖Long-Term Construction Contract
    12 Topics
    |
    2 Quizzes
  137. 📖Various Sales Issues
    14 Topics
    |
    2 Quizzes
  138. 📖Contract Modification
    3 Topics
  139. 🎯AICPA Questions: Revenue Recognition
    1 Quiz
  140. FAR 19- ACCOUNTING FOR INCOME TAXES
    📖Introduction To Deferred Taxes
    2 Topics
  141. 📖Deferred Tax Liabilities
    2 Topics
  142. 📖Deferred Tax Asset & Valuation Allowance
    4 Topics
    |
    1 Quiz
  143. 📖Temporary & Permanent Differences
    4 Topics
    |
    2 Quizzes
  144. 📖Uncertain Tax Position
    2 Topics
    |
    1 Quiz
  145. 📖CPA Exam Questions & MCQs
    6 Topics
  146. 📖Net Operating Loss
    2 Topics
  147. 📖Enacted Future Tax Rates
    1 Topic
    |
    2 Quizzes
  148. 🎯Test: Income Taxes + AICPA Questions
    1 Quiz
  149. FAR 20- FAIR VALUE MEASURMENTS
    📖Fair Value Measurments
    8 Topics
    |
    1 Quiz
  150. 🎯Test: Fair Value Accounting + AICPA Questions
    1 Topic
    |
    1 Quiz
  151. FAR 21- LEASES
    📖Introduction To Leases
    4 Topics
    |
    1 Quiz
  152. 📖Operating & Finance Lease
    9 Topics
    |
    2 Quizzes
  153. 📖Leases- Financial Statement Presentation & Disclosures
    4 Topics
  154. 🎯Test: Leases AICPA Questions
    1 Quiz
  155. FAR 22- SUBSEQUENT EVENTS
    📖Subsequent Events
    2 Topics
    |
    1 Quiz
  156. 💡FAR 1.01: Balance sheet/Statement of financial position
    1 Quiz
  157. 💡FAR 1.02: Income statement/Statement of profit or loss
    1 Quiz
  158. 💡FAR 1.03: Statement of Comprehensive Income
  159. 💡FAR 1.04: Statement of changes in equity
  160. 💡FAR 1.06: Statement of cash flows
    1 Quiz
  161. 💡FAR 1.07: Consolidated Financial Statements
  162. 💡FAR 1.08: Notes to Financial Statements
  163. 💡FAR 02: General-Purpose Financial Reporting: Nongovernmental Not-for-Profit Entities
  164. 💡FAR 03: State and local government concepts
  165. 💡FAR 04: Public company reporting
  166. 💡FAR 05: Special purpose framework
    1 Topic
  167. 💡FAR 06: Financial Statement Ratios and Performance Metrics
    2 Quizzes
  168. 💡FAR 07: Cash and cash equivalents
    3 Quizzes
  169. 💡FAR 08: Trade receivables
    1 Quiz
  170. 💡FAR 09: Inventory
    1 Quiz
  171. 💡FAR 10: Property, plant and equipment
    1 Quiz
  172. 💡FAR 11: Investments
    1 Quiz
  173. 📖Accounting For Software Cost
  174. 💡FAR 12: Intangible assets
    1 Quiz
  175. 💡FAR 13: Payables and accrued liabilities
  176. 💡FAR 14: Debt (financial liabilities)
    3 Topics
    |
    1 Quiz
  177. 💡FAR 15: Equity
    1 Topic
    |
    1 Quiz
  178. 💡FAR 16: Accounting changes and error corrections
    3 Quizzes
  179. 💡FAR 17: Contingencies and commitments
    1 Topic
    |
    1 Quiz
  180. 💡FAR 18: Revenue recognition
    1 Topic
    |
    1 Quiz
  181. 💡FAR 19: Accounting for income taxes
    2 Topics
    |
    1 Quiz
  182. 💡FAR 20: Fair value measurements
  183. 💡FAR 21: Lessee accounting
    1 Quiz
  184. 💡FAR 22: Subsequent events
Lesson 1 of 184
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