1431 free courses & lectures available for Basic Accounting

Elements of Financial Statements | Intermediate Accounting | CPA Exam FAR | Chp 2 p 2

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.49 hours
An important aspect of developing an accounting theoretical structure is the body of basic elements or definitions. Ten basic elements that are most directly ...
  
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Accounting Assumptions and Principles | Intermediate Accounting | CPA Exam FAR | Chp 2 p 3

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.42 hours
Conceptual framework for financial reporting, statement of financial accounting concepts, Conceptual framework, elements of financial statements, recognition ...
  
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Journalizing, Posting and Trial Balance | Intermediate Accounting | CPA Exam FAR | Chp ...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.51 hours
The accounting information system collects and processes transaction data and then disseminates the financial information to interested parties. To understand ...
  
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Debits and Credits: T Accounts | Intermediate Accounting | CPA Exam FAR | Chp 3 p 2

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.48 hours
The accounting information system collects and processes transaction data and then disseminates the financial information to interested parties. To understand ...
  
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Adjusting Entries: Deferrals & Accruals | Intermediate Accounting | CPA Exam FAR | Chp ...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.74 hours
Preparation of adjusting journal entries is the next step in the accounting cycle. Adjusting entries are entries made at the end of accounting period to bring all ...
  
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Preparing Financial Statements | Intermediate Accounting | CPA Exam FAR | Chp 3 p 5

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.21 hours
The next step in the accounting cycle is the preparation of a trial balance. A trial balance is a list of accounts and their balances at a given time. An entity may ...
  
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Closing Entries | Post-Closing Trial Balance | Intermediate Accounting | CPA Exam FAR |...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.13 hours
After financial statements have been prepared, nominal (revenue and expense) accounts should be reduced to zero in preparation for recording the transactions ...
  
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Financial Statements--Merchandising Company | Intermediate Accounting | CPA Exam FAR | ...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.26 hours
Posting The next step in the accounting cycle involves transferring amounts entered in the journal to the general ledger. The ledger is a book that usually ...
  
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Reversing Entries--Accruals & Deferrals | Intermediate Accounting | CPA Exam FAR | Chp ...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.18 hours
preparation and posting of reversing entries, the final step in the accounting cycle. A reversing entry is made at the beginning of the next accounting period and ...
  
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Cash-Basis vs. Accrual-Basis Accounting | Intermediate Accounting | CPA Exam FAR | Chp ...

by Farhat's Accounting Lectures on Youtube Youtube
Duration: 0.52 hours
Cash-Basis Accounting Versus Accrual-Basis Accounting is presented in Appendix A of Chapter 3 for the purpose of demonstrating the difference between cash ...
  
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