Practical Financial Accounting Complete

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The Better Way to Learn with Concise Videos, Interactive Excel and Intuitive Approaches to Learn without Memorizing.

1. Introduction to Financial Accounting

1.1 1 Introduction to Financial Accounting.xlsx

1. Introducing the Practical Approach to Financial Accounting A Brief Look Inside

2. Accountings Role in Society and Related Careers

3. Hot Dogs R Us Quick Start with Key

4. Making Sense of the Accounting Equation

5. The Ten Basic Transactions-Classification Overview for the Whole Course

6. Four Major Financial Statements and Cash Flow Activities

7. Interactive Transaction Guide Debits Credits, Financial Statements, Cash Flows

8. Top 16 Key Terms and 20 Account Definitions Sorted by Financial Statement

2. Foundations of Financial Accounting

1.1 2 The Foundations of Financial Accounting.xlsx

1. A Brief Look Inside the Financial Foundations Module

2. Cash vs. Accrual Accounting

3. Certifications, Organizations, Ethics, Laws and Internal Controls

4. How the Process Works Repeated and Expanded

5. The Ten Basic Transactions Expanded Reverses, Use, Combinations, Triggers

6. Demystifying Debits Credits and Account Balances

7. Using the Practical Approach in your Homework Software

8. Transaction Practice Self Graded

3. AIS Accounting Information Systems

1.1 3 AIS Accounting Information Systems.xlsx

1. A Brief Look Inside Accounting Information Systems

2. Overview Key Issues and Terminology of Accounting Information Systems

3. Process Flowcharts comparing Manual and Computerized AIS

4. A Closer Look at Controls, Trial Balance Tips and the Closing Process

5. Truck Shack Transaction Analysis Practice

6. Truck Shack Key Transactions, Financial Statements, Journal Entries and Ledger

7. More Good Stuff Detail of Process Flowcharts and Practical T Accounts List

4. Adjusting Entries for Accruals and Deferrals

1.1 4 Accruals Deferrals and Adjusting.xlsx

1. A Brief Look Inside Adjusting Entries for Accruals and Deferrals

2. Overview Key Issues and Terminology of Adjusting Entries, Accruals and Deferrals

3. Accruals and Deferrals Classification Grid Practice and Solution

4. Deferrals (Cash Before Delivery) Unearned Revenue, Prepaid Expense

5. Accrued Revenue and Interest

6. Accrued Payroll Expense

7. Assets Used Accrued Supplies and Depreciation Expense

8. Adjusting Entries Practice, Key, Trial Balance Key and Chart

5. Merchandising Operations with the Multi-Step Income Statement

1.1 5 Merchandising Operations with the Mult-Step Income Statement.xlsx

1. A Brief Look Inside Merchandising with the Multi-Step Income Statement

2. Overview and Terminology of Merchandising Operations + Multi-Step IS

3. Summary of Transactions from the Buyers and Sellers Perspectives

4. FOB Shipping Terms have a Big Impact at the End of the Period

5. Transactions and Statements Example, Practice and Solution

6. Multi-Step Income Statement With Margin Ratios

6. Cash and Internal Controls

1.1 6 Cash and Internal Controls.xlsx

1. A Brief Look Inside Cash and Internal Controls

2. Overview of Key Issues and Terminology of Cash and Internal Controls

3. Principles, Analytics and Limitations of Internal Controls

4. Internal Controls for Cash Receipts (Collections) and Cash Held

5. Internal Controls for Cash Disbursements (Payments)

6. Bank Reconciliation - Who Knows Example, Practice, Solution

7. Cash Management, Forecasting and Working Capital Ratios

7. Receivables

1.1 7 Receivables.xlsx

1. A Brief Look Inside Receivables

2. Overview of Key Issues and Terminology of Receivables

3. The Aging Schedule and the Allowance Method

4. Credit Cards and Factors

5. Notes Receivable Lend, Earn Interest and Collect

6. Receivables Management, Internal Controls and Ratios

8. Merchandise Inventory

1.1 8 Merchandise Inventory.xlsx

1. A Brief Look Inside Merchandise Inventory

2. Overview of Key Issues and Terminology of Merchandise Inventory

3. Perpetual vs. Periodic Inventory Systems

4. Specific Identification

5. FIFO Periodic and LIFO Periodic

6. FIFO Perpetual and LIFO Perpetual

7. Average Cost Periodic and Perpetual

8. FIFO and LIFO Layers Multiple Unit Purchases and Sales

9. Management and Financial Statement Topics

9. Long-Term Assets

1.1 9 Long Term Assets.xlsx

1. A Brief Look Inside Long-Term Assets

2. Overview of Key Issues and Terminology of Long-Term Assets

3. Acquiring (Buying) a Long-Term Asset

4. Straight Line Depreciation

5. Declining Balance Depreciation

6. Activity Based Depreciation and Depletion

7. Selling Long-Term Assets

8. Intangible Assets

9. Management, Internal Controls and Ratios

10. Changes to Long-Term Assets - Useful Life, Impairing, Errors

10. Liabilities

1.1 10 Liabilities.xlsx

1. A Brief Look Inside Liabilities

2. Overview of Key Issues and Terminology of Liabilities

3. Current Liabilities

4. Notes Payable

5. Issuing Bonds Payable

6. Bonds Amortization Straight Line

7. Bond Amortization Effective Interest

8. Reporting Liabilities, Liquidity and Solvency Ratios

11. Owners Equity

1.1 11 Owners Equity.xlsx

1. A Brief Look Inside Owners Equity

2. Overview of Key Issues and Terminology of Owners Equity

3. Corporations and Other Forms of Ownership

4. Issuing (Selling) Stock

5. Treasury (Repurchasing) Stock

6. Cash Dividends Returning Profits to Owners

7. Stock Dividends and Stock Splits

8. Balance Sheet and Investor Ratios

12. Statement of Cash Flows

1.1 12 Statement of Cash Flows.xlsx

1. A Brief Look inside the Statement of Cash Flows

2. Overview of Key Issues and Terminology of the Statement of Cash Flows

3. Practical T Method of Cash Inflows and Outflows

4. Sections of the Statement of Cash Flows

5. Preparing the SCF with the Indirect Method

6. Interactive Cash Flow Model

13. Financial Statement Analysis

1.1 13 Financial Statement Analysis.xlsx

1. A Brief Look Inside Financial Statement Analysis

2.1 13.1 Overview of Key Issues and Terminology of Financial Statement Analysis

2. Overview of Key Issues and Terminology of Financial Statement Analysis

3. Vertical Analysis and Margin Ratios on the Income Statement

4. Horizontal Analysis Trend Over Prior Year

5. Asset Management Accounts Rec., Inventory, Total Asset Productivity

6. Liquidity Ratios Working Capital and Acid Test

7. Solvency Ratios - Long-Term Survival - Debt to Assets and Times Int. Earned

8. Investor Ratios EPS, Dividend Payout, ROE, Dividend Yield and PE

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