Meet Your Instructor and Introduction to Course
  • Meet Your Instructor and Introduction to Course
Introduction to Financial Accounting
  • What is a Business? | Keys to a Successful Business
  • Debt vs. Equity Financing | Financial vs. Managerial Accounting
  • General Financial Statements | Comparable Information | The Role of GAAP
  • Legal Forms of Business Ownership | Corporate Governance |Business is Good
General Purpose Financial Statements
  • Introduction to the Financial Statements |Balance Sheet | Stephen's Sweet Shop
  • The Income Statement | Revenues Defined | Expenses Defined
  • Expanded Equation
  • Relationship of Statements | Financial Statement Formats
Accounting Cycle Part One
  • Asset Valuation
  • Debits & Credits | Journal Entry Examples
  • Posting to the General Ledger
  • Trial Balance: What and Why? | Income Statement |Statement of Retained Earnings
Accounting Cycle Part Two
  • Common Ending Account Balances
  • Accrual Basis Accounting | Revenue Recognition Principle | Accrual vs Cash Basis
  • Adjusting Entries | Prepaid Expense Examples | Unrecorded Expenses and Revenues
  • Closing entries | Real vs. Nominal Accounts | Closing Entry Example
  • Account Analysis Examples
Financial Practice Set
  • Financial Practice Set - Introduction and Objectives
  • Introduction
  • Financial Practice Set form
  • Purpose of Exercise, Business Information, Requirement, Enclosures
  • Enclosures Continued, Subsidiary Ledger, Record Transaction, Special Journals
  • Using a Special Journal
  • Transactions Continued, General Journal, Trial Balance, Conclusion
  • Transactions continued, General Journal, Trial balance,
  • Financial Practice Set Solution
Sales Revenues
  • Sales Revenue
  • Accounting for Uncollectible Accounts
Inventory
  • Introduction to Accounting for Inventory
  • Purchase Discounts and Returns of Inventory
  • Inventory Cost Flows
  • Effects of Inflation and Deflation
  • Application of FIFO, LIFO, MWA
  • Physical Inventory Count and Recap
Operating Expenses and Internal Controls
  • Income Statement Format
  • Payroll Tax
  • Other Operating Expenses
  • Internal Controls
Long Term Operating Assets
  • Introduction to Long-Term Assets
  • Acquisition of an Asset
  • Allocation of the Cost of an Asset (expense over useful life)
  • Repairs, Maintenance and Improvements of Assets
  • Sale or Disposal of Asset
  • Practice Problems: Long-Term Assets
  • Intangible Assets
  • Goodwill
  • Natural Resources and Practice Questions
Debt and Equity Financing
  • Notes Payable
  • Mortgage Notes Payable
  • Bonds Payable
  • Common Stock
  • Preferred Stock
  • Dividend Payments
Financial Statement Analysis
  • Measures of Liquidity
  • Measures of Leverage
  • Measures of Management
  • Measures of Profitability
  • Measures of Stock Value
  • Vertical Analysis