About Channel:
My Youtube channel offers a growing number of free accounting lectures and accounting courses tha...
Identify Separate Performance Obligations (New FASB)| Intermediate Accounting| CPA Exam...
by
Farhat's Accounting Lectures
on
Youtube
Duration:
0.17 hours
First there must be a determination whether a valid contract exists. A contract is an agreement between two or more parties that creates enforceable rights or ...
Revenue recognition practices are currently the most prevalent reason for accounting restatements. In response to fraudulent activities—and the increasing...
About Channel:
My Youtube channel offers a growing number of free accounting lectures and accounting courses tha...
Determine Transaction Price (New FASB) | Intermediate Accounting | CPA Exam FAR | Chp 1...
by
Farhat's Accounting Lectures
on
Youtube
Duration:
0.34 hours
Third Step: Determine the Transaction Price 7. The transaction price is the amount of consideration that a company expects to receive from a customer in ...
Fourth Step: Allocating the Transaction Price to Separate Performance Obligations 12. Companies often have to allocate the transaction price to more than one ...
About Channel:
My Youtube channel offers a growing number of free accounting lectures and accounting courses tha...
When to Recognize Revenue (New FASB) | Intermediate Accounting | CPA Exam FAR | Chp 18 p5
by
Farhat's Accounting Lectures
on
Youtube
Duration:
0.32 hours
eceived, expected value, most likely amount, relative fair value, sales returns and allowances, repurchase agreements, bill and hold, principal agent relationship ...
About Channel:
My Youtube channel offers a growing number of free accounting lectures and accounting courses tha...
Statement of Cash Flow--Indirect Method | Intermediate Accounting | CPA Exam FAR | Chp ...
by
Farhat's Accounting Lectures
on
Youtube
Duration:
0.83 hours
Some cash flows relating to investing or financing activities are classified as operating activities. For example, receipts of investment income (interest and ...