Introduction to the Course
  • Introduction
Accounting Information System - Refresher
  • The Language of Business
  • Accounting Equation
  • Your Review Matters!
  • Accounting Equation and Transactions
  • Financial Statements - Basics
  • T-Accounts; Debits and Credits
  • Journalizing and Posting - Exercise
  • Accounts Balances
  • Adjusting Entries
  • Deferrals
  • Accrued Expenses - Adjusting, Reversing, and Paying
  • Accrued Revenues - Adjusting, Reversing, Payment
  • The Accounting Cycle
Conceptual Framework for Reporting
  • Conceptual Framework
Income Statement; Other Income Items; Other Reporting Issues
  • Usefulness and Limitations of Income Statement; Earnings Management
  • Single-Step VS. Multi-Step Income Statement
  • Discontinued Operations; Non-controlling Interest; Other Reporting Issues
Balance Sheet
  • Usefulness and Limitations of the Balance Sheet
  • Classified Balance Sheet; Supplemental Disclosures
Time Value of Money
  • Time Value of Money - Basics
  • Present Value and Future Value of a Single Sum
  • Present Value and Future Value of Annuities
Cash and Receivables
  • Cash and Cash Equivalents
  • Petty Cash Fund
  • Receivables - Introduction
  • Valuation of Accounts Receivable (Bad Debts)
  • Bad Debts - Direct Write-Off Method
  • Bad Debts - Allowance Method (Percentage of Sales)
  • Bad Debts - Allowance Method (Aging Receivables)
  • Internal Controls - Basics
Inventories
  • Merchandising Companies
  • Merchandising - Problem Solving
  • Manufacturing Companies
  • Inventory Assumptions (FIFO, LIFO, Average Cost, Specific Identification)
  • FIFO Problem Solving (Perpetual)
  • LIFO Problem Solving (Perpetual)
  • Average Cost Problem Solving (Perpetual)
  • Dollar-Value LIFO
Other Valuation Issues of Inventories
  • Lower of Cost or Market
  • Gross Profit Method
Statement Of Cash Flows
  • SCF Indirect Method
  • SCF - Direct Method