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Principles of Accounting I: Financial Accounting
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Principles of Accounting I: Financial Accounting
Financial Statements, Accounting Terms, Accounting Principles, and the Accounting Equation (4 videos)
- Accounting Terms and Accounting Principles
- Accounting Equation; Retained Earnings; Net Income; Dividends
- Revenue Recognition Principle and Matching Principle
- Financial Statements: Income Statement, Statement of Retained Earnings, Balance Sheet and the Statement of Cash Flows
The Accounting System and Recording Business Transactions (4 videos)
- Using Accounting terms
- T-Accounts (posting)
- Journal Entry Format (journalizing)
- Journal Entries (journalizing)
Adjusting Accounts for Financial Statements/Accounting Cycle (5 videos)
- Accrual Accounting and the Five Types of Adjusting Entries
- Adjusting Entries - Examples
- The Worksheet and Financial Statements
- The Closing Process (Journalizing and Posting Closing Entries)
- The Classified Balance Sheet and Liquidity Ratios (Current Ratio & Debt Ratio)
Reporting and Analyzing Merchandiser Operations (5 videos)
- Merchandising Operations: Operating Cycle, Inventory, Purchase Discounts
- Merchandising: Purchase Discounts, Purchase Returns, Purchase Allowances
- Selling Inventory; Sales Returns, Sale Allowances, Sales Discounts
- Merchandising: Closing accounts; Adjusting accounts; Inventory Shrinkage
- Income Statement; Gross Profit Percent; Inventory Turnover
Reporting and Analyzing Inventory & Cost of Goods Sold (5 videos)
- Inventory Valuation Methods:
- Lower-of-Cost-or-Market Rule
- Gross Profit Method of Estimating Inventory
Reporting and Analyzing Cash, Fraud, and Internal Controls (2 videos)
- Petty Cash
- Bank Reconciliation
Reporting and Analyzing Receivables (5 videos)
- Internal Controls and Reporting Accounts Receivable
- Accounting for Uncollectibles: Allowance Method - Percent of Sales and Aging Schedule
- Direct Write-off Method for Accounting for Uncollectible Accounts
- Credit Card and Debit Card Sales; Interest Revenue
- Reporting Receivables on Classified Balance Sheet
Reporting and Analyzing Long-Term Assets (5 videos)
- Lump-Sum Purchase
- Straight-Line Depreciation
- Units-of-Production Method of Depreciation
- Double-Declining Balance
- Partial-Year Depreciation
Reporting and Analyzing Current Liabilities (3 videos)
- Current Accrued Liabilities: Current Portion of Long-Term Debt
- Current Liabilities: Known Amounts?
- Current Liabilities and Contigencies: Estimated Amounts
Corporations, Stockholders’ Equity versus Owners' Equity, and Dividends (5 videos)
- Paying Cash Dividends on Stock, an example
- What is a Dividend? Payment of Cash Dividends on Stock
- Issuing Stock Transactions and Calculating Paid-in Capital
- Preferred Stock versus Common Stock
- Owners' Equity versus Stockholders' Equity
Reporting and Analyzing Statement of Cash Flows (6 videos)
- The Statement of Cash Flows - Introduction
- Operating Activities Section Example
- Full Statement of Cash Flows with Interpretation
- Calculating Unknown Amounts (i.e. Dividends, Cash Receipt from Sale of Assets)
- Full Statement of Cash Flows example with Dividends Calculation, Plant Assets, net purchase and payment and borrowing of Notes Payable
- Complete statement of cash flows using PPE + Accumulated Depreciation account
* Statement of Cash Flows: Operating Activities Section Example - TranscriptAnalyzing and Interpreting Financial Statements (11 videos)
- What is Financial Statement Analysis?
- Horizontal Analysis
- Trend Analysis
- Vertical Analysis
- Benchmarking
- Ability to Pay Current Liabilities
- Ability to Sell Inventory and Collect Receivables
- Ability to Pay Long-Term Debt
- Measuring Profitability - Part 1
- Measuring Profitability - Part 2
- Analyzing Stock Investments
Principles of Accounting II: Managerial Accounting
Introduction to and Building Blocks of Managerial Accounting (6 videos)
- Managerial Accounting versus Financial Accounting; Accounting Equation; Accounting Principles
- Service Company Income Statement
- Merchandising Income Statement; Cost of Goods Sold Calculation
- Manufacturing Company Income Statement; Flow of Costs
- Flow of costs in a Manufacturing Company; Calculating Overhead
- Review of CGM & CGS Calculations using t-Accounts
Job Costing (4 videos)
- Job Costing versus Process Costing; Flow of Costs
- Job Costing Journal Entries & Examples
- Calculating an Overhead Rate and Allocated Overhead
- Full example of Manufacturing Company and Service Company
Activity-Based Costing (3 videos)
- What is Activity-Based Costing? - Transcript
- Activity-Based Costing Examples
- Additional Activity-Based Costing Examples + Comparison of simple costing w/ABC - Transcript
Process Costing (6 videos) - Transcript
- Process Costing versus Job Costing
- Equivalent Units
- Process Costing - Steps 1 & 2
- Process Costing - Steps 3, 4, & 5
- Journal Entries
- Second and Future Departments (Transferred-In costs)
Cost Behavior (3 videos)
- Types of Costs
- High-Low Method
- Variable versus Absorption Costing
Cost-Volume-Profit Analysis (4 videos)
- Break-Even Analysis
- Planning Profits
- Margin-of-Safety
- Sales Mix and Weighted Average Contribution Margin
Relevant Cost for Short-Term Decisions (9 videos)
- Management Product and Pricing Decisions
- Special Order; Incremental Analysis
- Setting Prices: Cost-Plus Pricing versus Target Pricing
- Dropping Product Lines; Emphasize Product Lines
- Example of Dropping Product Line
- Example of Emphasizing a Product Line
- Make (outsourcing) or Buy; Sell As Is or Process Further
- Example of Sell as Is or Process Further
- Incremental Analysis versus Income Statement Approach of Dropping a Product Line
The Master Budget (6 videos)
- Master Budget
- Sales Budget
- Inventory, Purchases, Cost of Goods Sold Budget
- Cash Budget: Budgeted Cash Collections
- Budgeted Income Statement
- Budgeted Balance Sheet
Standard Costing (4 videos)
- Direct Materials Variances
- Direct Labor Variances
- Variable Overhead Variances
- Fixed Overhead Variances
Capital Investment Decisions (and TVM) (4 videos)
- Payback Period
- Accounting Rate of Return (ARR)
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
* Capital Budgeting Models: Introduction - TranscriptCost Accounting
Cost Terms and Purposes (3 videos)
- Cost Behavior: Variable Costs versus Fixed Costs
- Cost of Goods Manufactured, Cost of Goods Sold; Product versus Period Costs
- Gross Profit Income Statement
Cost-Volume-Profit Analysis (4 videos)
Job Costing (4 videos)
Activity-Based Costing and Activity-Based Management (2 videos)
Master Budget and Responsibility Accounting (3 videos)
- Production Budget Example Calculations
- Purchases Budget with Example Calculations
- Purchases and Production Budget
Inventory Costing and Capacity Analysis (2 videos)
- Variable versus Absorption Costing
- Variable versus Absorption Costing (w/producton volume variance)
- Throughput Costing (Coming Soon!)
- Absorption Costing Break Even (Coming Soon!)
Flexible Budgets, Direct-Cost Variances, and Management Control (2 videos)
- Direct Materials and Direct Labor Variances - Introduction
- Direct Materials and Direct Labor Variances - Examples (w/Journal Entries)
- Comparison of Firms to a Benchmark (Coming Soon!)
Flexible Budgets, Overhead Cost Variances, and Management Control (5 videos)
Decision Making and Relevant Information (4 videos)
- Relevance
- One-Time Special Orders
- Make-or-Buy - Part 1
- Make-or-Buy - Part 2
Capital Budgeting and Cost Analysis (4 videos)
- Payback Period
- Accounting Rate of Return / Accrual Accounting Rate of Return
- Includes alternative method for ARR calculation
- Net Present Value
- Internal Rate of Return
- Includes alternative method for ARR calculation
Intermediate Accounting I
A Review of the Accounting Cycle (7 videos)
- Terminology & T-Account Basics
- Analyzing Transactions
- Financial Statements and Ownership Structure
- Journalizing, Posting, & Trial Balance
- Adjusting Entries: Deferrals
- Adjusting Entries: Accruals
- Preparing Financial Statements, Closing Entries & the Post-Closing Trial Balance
The Financial Reporting Environment (1video)
- State Boards and Standard Setters (NASBA.org)
Financial Reporting Theory (3 videos)
- Overview of Conceptual Framework (gordonhensley)
- Conceptual Framework: IFRS (tabaldi.org)
- Assumptions in Financial Reporting (Dee Amaradasa)
Judgment and Applied Financial Accounting Research (3 videos)
- FASB Codification, Part 1 (jeffsailor1)
- FASB Codification, Part 2 (jeffsailor1)
- FASB Codification Research (Linda Bell)
Statements of Net Income and Comprehensive Income (2 videos)
Statements of Financial Position and Cash Flows and the Annual Report (5 videos)
Accounting and the Time Value of Money (8 videos)
Revenue Recognition (2 videos)
- Percentage-of-Completion Method (Education Unlocked)
- Completed-Contract Method (Education Unlocked)
Short-Term Operating Assets: Cash and Receivables (6 videos)
- Contra-Revenue Accounts & Receivables and Accounting Issues
- Allowance Method: Percent of Sales
- Allowance Method: Aging Schedule
- Direct Write-Off Method
- Internal Controls: Bank Reconciliation
- Internal Controls: Petty Cash
Short-Term Operating Assets: Inventory (5 videos)
- Inventory Valuation Methods:
- Lower-of-Cost-or-Market Rule
- Gross Profit Method of Estimating Inventory
Long-Term Operating Assets: Acquisition, Cost Allocation, and Derecognition (3 videos)
- Lump-Sum Purchase & Depreciation Introduction
- Depreciation Methods
- Straight-Line
- Units-of-production/output
- Double-Declining Balance (DDB) - (Coming Soon!)
- Partial-Year Depreciation (Coming Soon!)
Long-Term Operating Assets: Departures from Historical Cost (3 videos)
- Accounting for Impairments: PPE (drdavebond)
- Accounting for Impairments: Goodwill (Lisa Forbes)
- Long-term Operating Assets Held for Sale or Disposal (Allen Mursau)
EXCEL (3 videos)
- Excel Income Statement - Simple #1
- Excel Income Statement - Simple #2
- Excel Income Statement - Simple #3
My_Lab Software demo (3 videos)
- Purchase and Enroll
- Navigating - Part 1
- Navigating - Part 2
- Navigating - Part 3