Overview

Marketplace demand for skilled accountants has never been higher. Intermediate Accounting is often considered the most challenging accounting course due to the breadth and complexity of topics. This course breaks down the complexity into manageable pieces, taking students from strategic concepts and drilling down into the details of recording a transaction. Most lectures are 8-12 minutes, allowing students to consume the content at their convenience. The course emphasizes a methodical approach rooted in basic principles, such as matching, conservatism and consistency when confronted with a complex transaction. The instructor is a CPA, MBA and former Big-4 accountant known for using well-paced lectures and clear illustrations featuring examples and lessons learned from almost 30 years in finance and technology leadership roles. The course is ideal for those who are experienced bookkeepers or novice accountants who want to expand their skills. Additionally this is a great supplement to a college level accounting course, or for those contemplating a career in the field. The high level topics include:Journal entries / trial balance / T-accounts / double-entry accountingFinancial statements and footnotesDisclosure trends and techniquesPostretirement benefits / debt securities / taxLease accounting from both lessor and lessee perspectivesWarranty and contingency accountingIntangible assets / fixed assets / investment accountingInventory cost flow methods and valuationDepreciation and amortization methodsMeasurement and journalization of derivativesTime value of money calculationsRatio analysisEarnings per share calculationsSecurities & Exchange Commission (SEC) filingsGovernance & regulatory bodiesHandling errors, changes in principles and restatementsCourse includes downloadable materials, 150 visual illustrations of key concepts and a glossary.What you'll learn in addition to the above topics:A systematic approach to revenue recognitionHow real companies handle disclosure of complex financial instrumentsHow financial ratios tell a storyThe skills necessary to figure out journal entries given a set of factsEconomic substance of a transaction vs. legal formCalculating, valuing and recording deferred tax assets and liabilitiesApply learnings to ask the right questions when reading financial statements and footnotesFinancial calculator skills on two of the most popular modelsHow the accounting cycle pulls all the concepts together

Skills

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