Online Intermediate Accounting Course

Accounting Courses , Intermediate Accounting ,

Online Intermediate Accounting Course

This Intermediate Accounting course encompasses the material typically covered in Intermediate Accounting I, II, and III at both undergraduate and graduate levels. It is designed to provide a comprehensive understanding of essential accounting principles, making it ideal for students currently enrolled in intermediate accounting courses or professionals looking to refresh their knowledge. Whether you're preparing for exams, enhancing your accounting skills, or pursuing certification, this course offers the resources and support you need to succeed.

Take the next step in your accounting journey—invest in yourself and your future. Start your free trial today and unlock access to valuable learning materials, expert guidance, and practical insights that will help you excel in your accounting studies or career.

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Mansour Farhat · 21 March 2023

Intermediate Accounting Course Description:

Dive deep and learn intermediate accounting course material using interactive and lively lectures. This intermediate accounting course is designed specifically for those looking to advance their foundational knowledge and navigate the intricacies of financial reporting. Building on basic accounting principles, this course delves into the complexities of balance sheets, income statements, and cash flow statements, ensuring students grasp the nuances and applications of each.

Intermediate Accounting Topics:

Financial Accounting Standards
The Conceptual Framework
Review of the Accounting Information System
Income Statement, Retained Earning and Comprehensive Income
Balance Sheet and Cash Flow Statement
Time Value of Money
Cash and Receivable
Inventory: Cost Basis Approach
Inventories: Additional Issues
Acquisition and Disposition of Property, Plant, and Equipment
Depreciation, Impairments, and Depletion
Current Liabilities and Contingencies
Long Term Liabilities
Stockholders’ Equity
Dilutive Securities and Earnings Per Share
Accounting for Investments
Revenue Recognition
Accounting for Income Taxes
Accounting for Pensions and Post-Retirement Benefits
Accounting for Leases
Accounting Changes and Error Analysis
Statement of Cash Flows
Full Disclosure in Financial Reporting

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Course Content

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✅⛔Please Start Here! 3 Topics

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🎥⛔How to use your intermediate accounting course and welcoming message? ✅Please View First

🎥Introduce Yourself & Connect with Others

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💡Chapter 1: Conceptual Framework and Financial Accounting 8 Topics | 4 Quizzes

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🎥Objective of Financial Reporting

🎥What is GAAP (Intermediate)

🎯What is GAAP IA

🎥FASB’s Conceptual Framework

🎯Conceptual Framework IA

🎥Exam Questions solved by P. Farhat Conceptual Framework

🎥Accounting Assumptions and Principles

🎯Accounting Assumption IA

🎥CPA Exam Question solved by P. Farhat Accounting Assumptions

🎥Elements of Financial Statements

🎥Example Elements of Financial Statements

🎯Elements of Financial Statements IA

💡Chapter 2: Accounting Information System 12 Topics | 10 Quizzes

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🎥Basics of Accounting: T Accounts

🎯Basics of Accounting: T Accounts IA TF

🎯Basics of Accounting: T Accounts IA

🎥Example: Adjusting Entries 1 Solved by P. Farhat

🎥Example: Adjusting Entries 2 Solved by P. Farhat

🎥Example: Adjusting Entries 3 Solved by P. Farhat

🎯Adjusting Entries 3 TF IA

🎯Adjusting Entries 3 IA

🎥Financial Statements

🎥Closing Entries

🎥Example: Closing Entries by P. Farhat

🎯Closing Entries IA

🎯Closing Entries TF IA

🎥Cash Basis Accounting

🎥Cash to Accrual Solved by P. Farhat

🎥Cash to Accrual CPA Simulation Solved by P. Farhat

🎥Cash to Accrual and adjusting Entries CPA Exam Practice Questions

🎯Cash to Accrual and adjusting Entries IA

🎥Reversing Entries

🎯Reversing Entries TF IA

🎯Reversing Entries IA

✍️IA Exercises Chapter 2(4 exercises)

💡Chapter 3: Income Statement, Retained Earning and Other Comprehensive Income 15 Topics | 9 Quizzes

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🎥Uses and Limitations of Income Statement

🎥Income Statement Content, Format & Elements

🎯Income Statement Content, Format & Elements IA

🎥Unusual Gains/Losses & Noncontrolling Interested

🎥Discontinued Operations

🎥Discontinued Operations CPA Exam Question Solved by Farhat

🎯Discontinued operations & unusual items IA

🎯Discontinued operations & unusual items IA TF

🎯Discontinued Operations CPA Question

🎥CPA Exam Questions About the Income Statement Solved by P. Farhat

🎥Earnings Per Share

🎥Changes in Accounting Principles and Estimates 3 Types

🎥Example: Changes in Accounting Principles YT

🎯Changes in Accounting Principles YT TF IA

🎯Changes in Accounting Principles YT IA

🎥Statement of Retained Earnings

🎥Retained Earnings Example solved by P. Farhat

🎥Other Comprehensive Income

🎥Comprehensive Income Example Solved by P. Farhat

🎯Comprehensive Income TF IA

🎯Comprehensive Income IA

🎥Other Comprehensive Income Net of Tax

🎥CPA Exam Puzzle

🎯IA Exercises Chapter 3(5 exercises)

💡Chapter 4: Balance Sheet and Statement of Cash Flows 10 Topics | 3 Quizzes

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🎥Balance Sheet Part 1

🎥Balance Sheet Part 2

🎥Balance Sheet Part 3

🎥Balance Sheet from A to Z solved by P. Farhat

🎥Supplemental Disclosures: Balance Sheet

🎯Supplemental Disclosures: Balance Sheet IA

🎥Statement of Cash Flow

🎯Statement of Cash flows IA

🎥Statement of Cash Flow Ratios

🎥Liquidity Ratios

🎥Activity Ratios

🎥CPA Exam Questions about the ratios solved by P. Farhat

🎯IA Exercises Chapter 4(5 exercises)

💡Chapter 5: Accounting and the Time Value of Money 7 Topics | 4 Quizzes

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🎥Time Value of Money

🎥Present Value and Future Value of a Single Amount

🎯Present Value and Future Value TF IA

🎯Present Value and Future Value IA

🎥Future Value of Ordinary Annuity and Annuity Due

🎥Present Value of an Annuity

🎯Present Value of an Annuity IA

🎥Present Value Bond Calculation

🎥Deferred Annuity

🎥CPA questions about time value of money solved by P. Farhat

🎯IA Exercises Chapter 5(1 exercise)

💡Chapter 6: Cash and Receivables 14 Topics | 7 Quizzes

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🎥Cash and Cash Equivalents

🎥Trade Receivable, Notes Receivable and non Trade Receivable

🎥Direct Write off Method

🎥Allowance for Doubtful Accounts

🎥CPA Exam Questions about Bad debt expense solved by P. Farhat

🎯Bad debt expense TF IA

🎯Bad debt expense IA

🎥Notes Receivable

🎥CPA Exam Questions valuing notes receivable by P. Farhat

🎥CPA Exam Questions about Bad debt expense (part 2) solved by P. Farhat

🎥Fair Value Option for Notes Receivable

🎥Pledging Receivables

🎥Selling (factoring) Receivables

🎯Selling (factoring) Receivables TF IA

🎯Accounts and Notes Receivable IA

🎥Bank Reconciliation

🎥Example for Bank Reconciliation

🎯Bank Reconciliation TF IA

🎯Bank Reconciliation IA

🎯IA Exercises Chapter 6(5 exercises)

💡Chapter 7: Valuation of Inventories: A Cost Basis Approach 14 Topics | 7 Quizzes

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🎥Inventory: Perpetual and Periodic

🎥Example: Periodic Inventory Method – Gross and Net Methods

🎥Cost of Inventory: FOB Shipping and Destination

🎥Product Cost and Period Cost

🎥Sales with Repurchase Agreement and High Sales Return

🎯Periodic Vs Perpetual, Product Vs Period Cost TF IA

🎯Periodic vs Perpetual, Product vs Period Cost IA

🎥Cost Flow Assumptions – FIFO, LIFO and Weighted Average

🎥CPA Exam Practice Questions Inventory FIFO LIFO solved by P. Farhat

🎥Example: FIFO, LIFO, Average method: Periodic & Perpetual YT

🎯FIFO, LIFO, and Weighted Average method TF IA

🎯FIFO, LIFO, and Weighted Average method IA

🎥LIFO Reserve

🎥LIFO Liquidation

🎥Dollar Value LIFO

🎥Example: Dollar Value LIFO

🎥Inventory Errors

🎥Error Periodic Inventory system CPA Exam Simulation solved by P. Farhat

🎯Dollar-Value LIFO TF IA

🎯Dollar-Value LIFO IA

🎯IA Exercises Chapter 7(5 exercises)

💡Chapter 8: Inventories: Additional Valuation Issues 9 Topics | 7 Quizzes

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🎥Lower of Cost or Net Realizable Value

🎥Lower of Cost (LCM)

🎥CPA Exam Simulation Lower of Cost or Market Solved by P. Farhat

🎯Lower of Cost or Market TF IA

🎯Lower of Cost or Market IA

🎥Relative Sales Value Method Lump Sum Purchase

🎥Purchase Commitment

🎥Estimating Inventory Using Gross Profit

🎥Example: Gross Profit Method for Inventory

🎥Retail Inventory Method: Conventional and Cost Method

🎥Example: Retail Inventory Method: Conventional and Cost Method

🎯Retail Inventory Method: Conventional and Cost Method IA

🎯Retail Inventory Method: Conventional and Cost Method TF IA

🎯Purchase Commitments

🎯Relative Sales Value & Purchase Commitments TF

🎯IA Exercises Chapter 8(6 exercises)

💡Chapter 9: Acquisition and Disposition of Property, Plant, and Equipment 10 Topics | 9 Quizzes

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🎥Property Plant and Equipment

🎯Property Plant and Equipment TF IA

🎯Property Plant and Equipment IA

🎥Interest Capitalization

🎥Interest Capitalization Exercise

🎥Interest Capitalization CPA Exam Questions & Simulations

🎯Interest Capitalization IA

🎯Interest Capitalization TF IA

🎥Valuation of Property, Plant, and Equipment

🎥Exchange of Non Monetary Assets

🎥CPA exam questions Non monetary Exchange Part I

🎥CPA exam questions Non monetary Exchange Part II Trimming Charbel

🎯Non monetary Exchange Part II TF IA

🎯Non monetary Exchange Part II IA

🎥Costs Subsequent to Acquisition

🎥Disposition of Property, Plant, and Equipment

🎯Disposition of Property, Plant, and Equipment TF IA

🎯Impairment and Disposition of PP&E IA

🎯IA Exercises Chapter 9(5 exercises)

💡Chapter 10: Depreciation, Impairments, and Depletion 12 Topics | 7 Quizzes

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🎥Depreciation Methods

🎥Partial Year Depreciation

🎥Example: Partial Year Depreciation

🎥Depreciation Revision of Estimates

🎯Depreciation Revision of Estimates TF IA

🎯Depreciation Revision of Estimates IA

🎥Group Depreciation

🎥Impairment Losses

🎥Example: Asset Impairment Uber

🎥Example: Impairment Loss

🎯Impairment Loss TF IA

🎯Impairment Loss IA

🎥Depletion Expense

🎥Example: Depletion Expense

🎥Liquidating Dividend

🎥MACRS IRS Vs GAAP Depreciation

🎯Cost Depletion and MACRS IRS TF IA

🎯Cost Depletion and MACRS IRS IA

🎯IA Exercises Chapter 10(5 exercises)

💡Chapter 11: Intangible Assets 9 Topics | 7 Quizzes

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🎥Intangible Assets

🎥Impairment of Intangible Assets

🎯Intangible Assets TF IA

🎯Intangible Assets IA

🎥What is Goodwill?

🎥Goodwill Impairments

🎥CPA Exam practice Questions. Goodwill

🎯Goodwill TF IA

🎯Goodwill IA

🎥Accounting for Computer Software Cost

🎥Research and Development Cost

🎥Start up and Initial Operating Losses

🎥Example: Research and Development Cost

🎯Research & Development and Franchise IA

🎯Research and Development Cost TF IA

🎯IA Exercises Chapter 11(2 exercises)

💡Chapter 12: Current Liabilities and Contingencies 16 Topics | 7 Quizzes

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🎥Current Liabilities: Accounts and Notes Payable

🎥Current Liabilities: Various Liabilities

🎥Current Liabilities: Payroll Liabilities

🎥Example Payroll Liabilities

🎥Current Portion of Long Term Debt

🎯Current Liabilities TF IA

🎯Current Liabilities IA

🎥Short-Term Obligations Expected to Be Refinanced

🎯Short-Term Obligations Expected to Be Refinanced TF IA

🎯Short-Term Obligations Expected to Be Refinanced IA

🎥Loss Contingency and Estimated Liability

🎥Premium and Coupon explained

🎥Example: Premium Liability/Expense

🎥Example: Loss Contingencies. Amazon.

🎥Asset Retirement Obligation

🎥Example: Asset Retirement Obligation (ARO)

🎥Warranty Costs

🎥CPA Exam Simulation Warranty Expense Obligation

🎥Example: Warranty Expense, Warranty Liability, Accrual

🎥Example: Warranty Liability and Reserve Liability Provision. Tesla.

🎯Contingencies and Warranty Liability TF IA

🎯Contingencies and Warranty Liability IA

🎯IA Exercises Chapter 12(3 exercises)

💡Chapter 13: Long Term Liabilities 21 Topics | 7 Quizzes

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🎥Introduction to Bonds: Effective Methods

🎥Bonds: Straight Line Method

🎥Example: Bond Issue at Par

🎥Example: Bond Issue at Discount

🎥Example: Bond Premium Issuance

🎥Example: Premium Bond Amortization

🎥Bonds Payable CPA Exam Simulation JE Effective Method

🎥Example: Pricing Bond

🎥Issue Bond between Interest Payments

🎥Example: Issue Bond between Interest Payments

🎯Bonds TF IA

🎥Bond Retirement and Debt Extinguished

🎥Example: Debt Retirement

🎥Long Term Notes Payable

🎥Example: Issue Non-Interest Bearing Note to Buy an Asset

🎥Fair Value Option for Liabilities

🎯Notes Payable TF IA

🎯Notes Payable IA

🎥Troubled Debt Restructuring: Settlement of Debt

🎥Troubled Debt Restructuring: Modification of Terms

🎥CPA Exam Question: Debt Restructuring

🎯Debt Restructuring IA

🎯Debt Restructuring TF IA

🎥Various CPA Exam Questions about Bonds payable solved by P Farhat Part I

🎥Various CPA Exam Questions about bonds payable solved by P Farhat Part II

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💡Chapter 14: Stockholders’ Equity 20 Topics | 7 Quizzes

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🎥Corporate Capital Structure

🎥Issuance of Stock

🎥Proportional and Incremental Method

🎥Example: Issuing Stocks for Cash and Non-cash Consideration PPT

🎯Issuing Stocks for Cash and Non-cash Consideration TF IA

🎯Issuing Stocks for Cash and Non-cash Consideration IA

🎥Treasury Stock

🎥Example: Treasury Stock

🎥Example: Treasury Stock PPT

🎥Preferred Stock

🎯Preferred Stock TF IA

🎯Preferred Stock IA

🎥Cash Dividend

🎥Example: Cash Dividend PPT

🎥Stock Dividend

🎥Book Value per Share

🎥Example: Property Dividend PPT

🎥Example: Liquidating Dividend PPT

🎥Example: Stock Dividend DEL

🎥Example: Statement of Stockholders’ Equity YT

🎥Example: Book Value per Share PPT

🎯Dividends IA

🎯Dividends TF IA

🎥Example: Dividend Preference and Book Value Per Share

🎥CPA Exam Questions Stockholder’s Equity Part I

🎥CPA Exam Questions Stockholder’s Equity Part II

🎯IA Exercises Chapter 14(5 exercises)

💡Chapter 15: Dilutive Securities and Earnings per Share 20 Topics | 11 Quizzes

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🎥Convertible Securities

🎯Convertible Securities TF IA

🎯Convertible Securities IA

🎥Convertible Preferred Stock

🎥Example: Convertible Bond

🎥Example: Convertible Preferred Stock

🎥Stock Warrant Issue with Other Securities

🎯Stock Warrant Issue with Other Securities TF IA

🎯Stock Warrant Issue with Other Securities IA

🎥Accounting for Stock Options

🎥Accounting for Stock Options CPA Exam simulation

🎥Restricted Stocks

🎥Example: Restricted Stocks

🎯Restricted Stocks TF IA

🎯Restricted Stocks IA

🎥Share Appreciation Rights SARs

🎯Share Appreciation Rights SARs TF IA

🎯Share Appreciation Rights SARs IA

🎥Basic Earnings Per Share (EPS)

🎥CPA Exam Simulation: Basic EPS

🎥CPA Exam Simulation Computing Average Number of Shares Outstanding

🎥Complex Capital Structure (EPS) What if Method

🎥EPS Convertible Bonds YT

🎥Complex Earnings Per Share (EPS) Diluted Treasury Method

🎥CPA Exam Questions EPS

🎥CPA Exam Simulation EPS

🎥CPA Exam Simulation Diluted EPS

🎥Comprehensive Example: Triple K Corp EPS

🎯Diluted EPS TF IA

🎯Diluted EPS EPS IA

🎯IA Exercises Chapter 15(4 exercises)

💡Chapter 16 : Accounting for Investments and Accounting for Derivatives 27 Topics | 11 Quizzes

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🎥Introduction: Accounting for Investments

🎥Held to Maturity, Investment in Debt Securities

🎥Exercise: Quasi Simulation about Investment in debt Securities

🎥Available for Sale Debt Securities FV via OCI

🎥Trading Securities FV via IS

🎯Trading and AFS Securities IA

🎯Trading and AFS Securities TF IA

🎥Accounting for Equity Securities

🎥CPA Exam Questions: Fair Value Adjustment

🎥CPA exam questions Trading and Available for Sale

🎯Equity Securities TF IA

🎯Equity Securities IA

🎥Equity Method

🎥CPA Simulation: Fair Value vs. Equity Method

🎥CPA Exam Questions: Equity Method

🎯Equity Method TF IA

🎯Equity Method IA

🎥Fair Value Option for Investments

🎥Impairment of Value of Debt Investment CECL

🎥Statement of Comprehensive Income and Reclassification Adjustment

🎥Investment Reclassification

🎥CPA Exam Simulation | Investment Available for Sale & Comprehensive Income

🎥CPA Simulation: Fair Value Adjustment and Reclassification

🎥CPA Exam Questions OCI Adjustment

🎯Impairment and Fair Value Option TF IA

🎯Investment Reclassification IA

🎥Introduction to Hedging & Derivative Instruments

🎥Speculations

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💡Chapter 17: Revenue Recognition 22 Topics | 7 Quizzes

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🎥Revenue Recognition Principle – Contract

🎥Revenue Recognition Principle – Performance Obligation

🎥Revenue Recognition Principle – Determine Transaction Price

🎥Revenue Recognition Principle – Allocate Transaction Price

🎥Revenue Recognition Principle – Revenue Recognition

🎯Revenue Recognition Principle – Revenue Recognition TF IA

🎯Revenue Recognition Principle – Revenue Recognition IA

🎥Contact Modification

🎥Example: Contract Modification

🎥Sales Returns and Allowances

🎥Repurchase Agreement

🎥Bill and Hold

🎥Warranty and Upfront Fees

🎥Example: Warranty Expense YT

🎥Revenue Recognition for Franchises

🎥CPA Exam Simulation Revenue Recognition

🎯Revenue Recognition TF IA

🎯Revenue Recognition IA

🎥CPA Exam Questions: Revenue and Expense Recognition

🎥Percentage of Completion Method

🎥Completed Contract method

🎥Percentage of Completion Method Losses

🎥Example Percentage and CC Method

🎥CPA Exam Simulation Percentage of Completion & Completed Contract Methods

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💡Chapter 18: Accounting for Income Taxes 17 Topics | 5 Quizzes

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🎥Introduction to Deferred Tax Assets & Liabilities

🎥Deferred Tax Liabilities

🎥Deferred Tax Assets

🎥Valuation Allowance for DTA

🎥Temporary Differences

🎥Permanent Differences

🎯Permanent Differences TF IA

🎯Permanent Differences IA

🎥Net Operating Loss

🎥Enacted Future Tax Rates

🎯Enacted Future Tax Rates TF IA

🎯Enacted Future Tax Rates IA

🎥Comprehensive Problem

🎥CPA Simulation: Deferred Tax Assets and Liabilities

🎥CPA Exam Questions: Deferred Taxes

🎥CPA Exam Question: Deferred Tax Asset and Liability

🎥CPA Exam Simulation: Income Tax Expense

🎥CPA Exam Questions: Deferred Income Taxes

🎥CPA Exam Questions: Deferred Tax Assets & Liabilities

🎥2 CPA Exam questions about Deferred Tax Assets and Liabilities

🎥Uncertain Tax Position

🎯IA Exercises Chapter 18(4 exercises)

💡Chapter 19: Accounting for Pensions and Post-Retirement Benefits 7 Topics | 5 Quizzes

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🎥Introduction Accounting for Pensions | Pension Expense Components

🎥Components of Pension Expense

🎯Components of Pension Expense TF IA

🎯Components of Pension Expense IA

🎥Prior Service Cost Amortization| Pension Worksheet

🎥Corridor Amortization | Pension Gain/Loss | OCI |

🎥Pension Worksheet Example: 3 Years of Data

🎯Pension Worksheet Example: 3 Years of Data TF IA

🎯Pension Worksheet Example: 3 Years of Data IA

🎥Practice Questions solved by P. Farhat

🎥Exercise solved by P. Farhat

🎯IA Exercises Chapter 19(5 exercises)

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About Instructor

Mansour Farhat

45 Courses

+1794 enrolled

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$29.99

Course Includes

24 Lessons
317 Topics
159 Quizzes