-
✅⛔Please Start Here!5 Topics
-
CHAPTER 1- CONCEPTUAL FRAMEWORK & FINANCIAL ACCOUNTING
📖Objective Of Financial Reporting & GAAP4 Topics1 Quiz -
📖FASB's Conceptual Framework5 Topics1 Quiz
-
📖Elements Of Financial Statements4 Topics1 Quiz
-
📖Accounting Assumptions & Principles5 Topics1 Quiz
-
CHAPTER 2- ACCOUNTING INFORMATION SYSTEM📖Basics Of Accounting3 Topics2 Quizzes
-
📖Adjusting Entries8 Topics2 Quizzes
-
📖Financial Statements4 Topics
-
📖Closing Entries4 Topics2 Quizzes
-
📖Converting Cash To Accrual7 Topics1 Quiz
-
📖Reversing Entries3 Topics2 Quizzes
-
CHAPTER 3- INCOME STATEMENT, RETAINED EARNINGS & OTHER COMPREHENSIVE INCOME📖Uses & Limitations Of Income Statement2 Topics1 Quiz
-
📖Income Statement- Content, Format & Elements5 Topics1 Quiz
-
📖Unusual Gains/Losses4 Topics
-
📖Discontinued Operations4 Topics2 Quizzes
-
📖Earnings Per Share3 Topics2 Quizzes
-
📖Statement Of Retained Earnings4 Topics1 Quiz
-
📖Comprehensive Income5 Topics2 Quizzes
-
CHAPTER 4- BALANCE SHEET, STATEMENT OF CASH FLOWS & FINANCIAL STATEMENT ANALYSIS📖Balance Sheet15 Topics1 Quiz
-
📖Statement Of Cash Flows7 Topics1 Quiz
-
📖Financial Statement Analysis6 Topics
-
📖Financial Ratio Analysis10 Topics1 Quiz
-
📖Comprehensive Practice Financial Statement Analysis5 Topics
-
CHAPTER 5- TIME VALUE OF MONEY📖Introduction To Time Value Of Money3 Topics1 Quiz
-
📖Present Value Of Single Amount4 Topics2 Quizzes
-
📖Present Value Of Annuity4 Topics
-
📖Future Value Of Annuity5 Topics1 Quiz
-
📖Present Value Of Bond Computation & Deferred Annuity6 Topics
-
💡Comprehensive Practice Exercises1 Topic
-
CHAPTER 6- CASH & RECEIVABLES📖Cash & Cash Equivalents4 Topics2 Quizzes
-
📖Petty Cash4 Topics1 Quiz
-
📖Bank Reconciliation6 Topics2 Quizzes
-
📖Trade Receivable, Notes Receivable & Non Trade Receivables4 Topics
-
📖Direct Write Off Method2 Topics
-
📖Allowance For Doubtful Accounts6 Topics2 Quizzes
-
📖Notes Receivable7 Topics
-
📖Discounting Notes Receivable3 Topics
-
📖Pledging and Selling of Receivable6 Topics2 Quizzes
-
CHAPTER 7- VALUATION OF INVENTORIES: A COST BASIS APPROACH📖Inventory: Perpetual & Periodic6 Topics2 Quizzes
-
📖Cost Of Inventory: FOB Shipping & Destination3 Topics
-
📖Product Cost & Period Cost4 Topics
-
📖Inventory Errors6 Topics1 Quiz
-
📖Cost Flow Assumptions- FIFO, LIFO & Weighted Average6 Topics2 Quizzes
-
📖LIFO Reserve3 Topics
-
📖LIFO Liquidation2 Topics
-
📖Dollar Value LIFO6 Topics2 Quizzes
-
CHAPTER 8- INVENTORIES: ADDITIONAL VALUATION ISSUES📖Lower Of Cost or Net Realizable Value4 Topics
-
📖Lower Of Cost (LCM)7 Topics2 Quizzes
-
📖Relative Sales Value2 Topics1 Quiz
-
📖Purchase Commitment3 Topics1 Quiz
-
📖Estimating Inventory Using Gross Profit5 Topics2 Quizzes
-
📖Retail Inventory Method4 Topics2 Quizzes
-
CHAPTER 9- ACQUISITION & DISPOSITION OF PROPERTY, PLANT & EQUIPMENT📖Introduction To Property Plant & Equipment3 Topics2 Quizzes
-
📖Interest Capitalization7 Topics2 Quizzes
-
📖Valuation Of Property Plant & Equipment5 Topics
-
📖Exchange Of Non Monetary Assets8 Topics2 Quizzes
-
📖Cost Subsequent To Acquisition4 Topics
-
📖Disposition Of Property, Plant & Equipment5 Topics1 Quiz
-
📖Asset Held For Sale3 Topics
-
CHAPTER 10- DEPRECIATION, IMPAIRMENTS, & DEPLETION📖Depreciation Methods & Partial Year Depreciation12 Topics2 Quizzes
-
📖Depreciation Revision Of Estimates2 Topics
-
📖Group Depreciation2 Topics
-
📖Impairment Losses8 Topics2 Quizzes
-
📖Depletion Expense5 Topics2 Quizzes
-
📖Liquidating Dividend1 Topic
-
📖MACRS IRS Vs GAAP Depreciation2 Topics
-
CHAPTER 11- INTANGIBLE ASSETS📖Introduction To Intangibles6 Topics2 Quizzes
-
📖Impairment Of Intangibles3 Topics
-
📖Goodwill & Goodwill Impairment7 Topics2 Quizzes
-
📖Accounting For Computer Software Cost1 Topic1 Quiz
-
📖Research And Development Cost6 Topics1 Quiz
-
📖Start up & Initial Operating Losses4 Topics
-
CHAPTER 12- CURRENT LIABILITIESS AND CONTINGENCIES📖Current Liabilities12 Topics3 Quizzes
-
📖Short-Term Obligations Expected To Be Refinanced3 Topics2 Quizzes
-
📖Payroll Liabilities9 Topics
-
📖Accounting for Self-Insurance2 Topics
-
📖Asset Retirement Obligation3 Topics
-
📖Loss Contingency & Estimated Liability6 Topics
-
📖Premium & Coupon Explained6 Topics
-
📖Warranty Cost7 Topics2 Quizzes
-
CHAPTER 13- LONG TERM LIABILITIES📖Bonds10 Topics
-
📖Issue Bond Between Interest Payments7 Topics
-
📖Questions: Bonds Payable3 Topics2 Quizzes
-
📖Bond Issue Cost1 Topic
-
📖Fair Value Options For Liabilities3 Topics
-
📖Notes Payable4 Topics2 Quizzes
-
📖Debt Retirement4 Topics1 Quiz
-
📖Debt Restructuring7 Topics2 Quizzes
-
CHAPTER 14- STOCKHOLDERS' EQUITY📖Issuing Common Stock10 Topics2 Quizzes
-
📖Preferred Stock3 Topics2 Quizzes
-
📖Treasury Stock12 Topics2 Quizzes
-
📖Book Value Per Share4 Topics
-
📖Stock Subscriptions & Stock Rights3 Topics1 Quiz
-
📖Dividends5 Topics2 Quizzes
-
📖Property and Liquidating Dividend4 Topics
-
📖Stock Dividend and Stock Split6 Topics
-
📖Statement of Stockholder's Equity2 Topics
-
CHAPTER 15- DILUTIVE SECURITIES & EARNINGS PER SHARE📖Convertible Securities4 Topics2 Quizzes
-
📖Convertible Preferred Stock5 Topics
-
📖Stock Warrant Issue With Other Securities4 Topics2 Quizzes
-
📖Accounting For Stock Options5 Topics
-
📖Restricted Stocks3 Topics2 Quizzes
-
📖Share Appreciation Rights SARs3 Topics2 Quizzes
-
Chapter 15A Basic and Diluted Earnings Per Share📖Basic EPS8 Topics1 Quiz
-
📖Diluted EPS10 Topics2 Quizzes
-
CHAPTER 16- ACCOUNTING FOR INVESTMENTS📖Introduction to Accounting for Investments3 Topics
-
📖Debt Securities Trading Securities3 Topics2 Quizzes
-
📖Debt Securities Available for Sale5 Topics
-
📖Debt Securities Held to Maturities5 Topics
-
📖Accounting For Equity Securities5 Topics2 Quizzes
-
📖Equity Method4 Topics2 Quizzes
-
📖Fair Value Option For Investments3 Topics
-
📖Impairment of Value of Debt Investment CECL5 Topics1 Quiz
-
📖Statement of Comprehensive Income & Reclassification Adjustment6 Topics1 Quiz
-
📖Disclosure For Investments1 Topic1 Quiz
-
Chapter 16 A Derivate Investments📖Introduction To Hedging & Derivative Instruments3 Topics
-
📖Speculations3 Topics
-
📖Fair Value Hedge4 Topics
-
📖Cash Flow Hedge4 Topics
-
📖Hedging Effectiveness & Documentation5 Topics2 Quizzes
-
CHAPTER 17- REVENUE RECOGNITION📖Revenue Recognition 5 Steps16 Topics2 Quizzes
-
📖Revenue Recognition For Franchises4 Topics2 Quizzes
-
📖Cost Recovery Method For Revenue Recognition3 Topics
-
📖Installment Sales Method For Revenue Recognition3 Topics1 Quiz
-
📖Long-Term Construction Contract13 Topics2 Quizzes
-
📖Sales Returns & Allowances4 Topics
-
📖Repurchase Agreement3 Topics
-
📖Bill & Hold3 Topics
-
📖Warranty & Upfront Fees4 Topics
-
📖Sales With Repurchase Agreement & High Sales Return3 Topics2 Quizzes
-
📖Contract Modification3 Topics
-
CHAPTER 18- ACCOUNTING FOR INCOME TAXES📖Introduction to Deferred Taxes3 Topics
-
📖Deferred Tax Liabilities4 Topics
-
📖Deferred Tax Asset & Valuation Allowance7 Topics1 Quiz
-
📖Temporary & Permanent Differences7 Topics2 Quizzes
-
📖Uncertain Tax Position3 Topics1 Quiz
-
📖CPA Exam Questions & MCQs10 Topics
-
📖Net Operating Loss5 Topics
-
📖Enacted Future Tax Rates3 Topics2 Quizzes
-
CHAPTER 19- ACCOUNTING FOR PENSIONS & POST-RETIREMENT BENEFITS📖Introduction To Accounting For Pensions2 Topics
-
📖Components Of Pension Expense6 Topics2 Quizzes
-
📖Prior Service Cost Amortization7 Topics
-
📖Coridor Amortization7 Topics2 Quizzes
-
📖Pension Related Practice Exercises4 Topics
-
CHAPTER 20- ACCOUNTING FOR LEASES📖Introduction To Leases3 Topics2 Quizzes
-
📖Lessee Accounting: Operating Lease vs Finance Lease13 Topics2 Quizzes
-
📖 Lessor Accounting: Sales-Type vs Direct Financing vs Operating Lease14 Topics2 Quizzes
-
📖Residual Value For Leases Guaranteed & Unguaranteed4 Topics
-
📖Initial Direct Cost & Executory Cost2 Topics1 Quiz
-
📖Accounting For Sales-Leaseback Transactions4 Topics2 Quizzes
-
CHAPTER 21- ACCOUNTING CHANGES & ERROR ANALYSIS📖Accounting Changes5 Topics2 Quizzes
-
📖Changes In Estimates3 Topics1 Quiz
-
📖Changes In Reporting Entity2 Topics2 Quizzes
-
📖Error Analysis12 Topics2 Quizzes
-
CHAPTER 22- STATEMENT OF CASH FLOWS📖Introduction To The Statement Of Cash Flows4 Topics2 Quizzes
-
📖Operating Section: Indirect Method4 Topics2 Quizzes
-
📖Direct Method Section: NOT Covered On The CPA Exam but Helpful For Converting Cash To Accrual & Vice Versa4 Topics2 Quizzes
-
📖How To Prepare The Operating Section Statement Of Cash Flows2 Topics
-
📖Investing Section4 Topics
-
📖Financing Section3 Topics2 Quizzes
-
📖Comprehensive Example1 Topic
-
CHAPTER 23- FULL DISCLOSURE IN FINANCIAL REPORTING📖Notes To Financial Statements6 Topics
-
📖Post Balance Sheet Subsequent Events5 Topics1 Quiz
-
📖Segment Reporting6 Topics1 Quiz
-
📖Interim Financial Reporting4 Topics2 Quizzes
-
📖Management Discussion & Analysis3 Topics
-
📖Going Concern Assumption4 Topics
-
📖Prospective Financial Statements3 Topics
-
📖Comprehensive Quiz1 Topic
Participants 2413
Lesson Progress
0% Complete
Responses
You must be logged in to post a comment.
The video is missing the part that goes over the 1 & 2 lessons. This video references them, but begins from lesson 3. I see the document is attached, but no video. FYI
Hello Adrian,
I added all the videos to the Intermediate Accounting Course.
If you are enrolled in a different course, please let me know.
I don’t see the common size financial statement video.
Not related to this particular video, but please hear me out – I am mainly following FAR MILES COURSE , where while doing chapter 6 , there is a unit (Foreign currency Accounting) 6.3 is missing , also can you confirm whether 6.4 that is Partnership is included in FAR for Uniform CPA examination
Good day, I have a question regarding the current cash debt ratio: Why we used the ending balance of current liabilities while it should be the average current liabilities? is there something I did not understand?
Hello Mansour,
You are correct that the standard formula for the current cash debt coverage ratio uses average current liabilities.
In the lecture, Professor Farhat was not computing the average current liabilities. He said “let’s assume it is $840,000” just to illustrate how the ratio works.
Thus, the $840,000 was an assumed denominator for the example, not a computed average.
For exam purposes, if both beginning and ending current liabilities are provided, use:
Average current liabilities = (Beginning current liabilities + Ending current liabilities) ÷ 2
Hope this helps!