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Two lecturers, distinguished by colors, provide lectures
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Quick Notes Outlines |
Index
Part I Accounting Basics
Part II Accounting
Transactions
Part
III Measuring Business Income
Part IV Financial Reporting
Part
V Merchandising
Part VI Inventory
Part VII Cash & Receivables
Part VIII Long
Term Assets
Part IX
Liabilities
Part X Contributed Capital
Part XI Corporate Income Statement
Part XII Cash Flow
Part XIII Financial
Performance
Part XIV Managerial
Accounting
Part XV Managerial Accounting 2
Part XVI Managerial Accounting 3
Part XVII Managerial
Accounting 4
Part
XVIII Time Value of Money
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SANTA FE COLLEGE Videos
from Susan V. Crosson
are shorter, from 3 to 5 minutes. |
Indiana
University
by Rebecca Trax
are longer, from 7 to 28 minutes. |
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Part I Accounting
Basics
1-Where did Accounting Come From?
2-Accounting Equation
3-Assets
4-Liabilities
5-Stockholders Equity
6-Expanded Accounting Equation
7-Financial Statements |
Lecture 1, Introduction to Accounting and
Business
1.1: Instructor & Course Description, Accounting & Business, The
Accounting Profession, Video: Interview with Ron Penczek, Wellpoint
(0:16 minutes) |
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Quick Notes Outlines |
Part II
Accounting Transactions
1-Resources, Events, & Agents
2-Accounting Cycle
3-Asset & SHE Dr & Cr
4-Liabilities Dr & Cr
5-Revenue Dr & Cr
6-Expenses DR & Cr
7- Journal Entries 1
8- Journal Entries 2
9-Asset Anatomy
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Lecture 2, The Accounting Cycle
Segment 2.1:
Recognition vs Realization, Accrual & Deferral, Accrual Transactions,
Vertical Statements (0:20)
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Part
III Measuring Business Income
1-Accounting Cycle
2-Adjusting Journal Entrees Assets & Expenses
3-Adjusting JE Liabilities&Revenue
4-Adjusting JE Accruals
5-Adjusted Trial Balance & Financial Statements
6-Adjusted TB & Closing Journal Entries
7-Closing Journal Entries
8-T Anatomy and Cash |
Segment 2.2:
Matching, Second Accounting Cycle, Adjusting Entries
Segment 2.3:
Classifying Accounting Events, Closing Entries, Video: Transaction
Analysis
(0:13) |
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Part IV
Financial Reporting
1-Overview
2-Classified BS
3-Multistep IS
4-Liquidity Ratios
5-Profit&Solvency Ratios
6-Accounting Conventions |
Materials covered in Lecture 3. |
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Part V Merchandising
1 Retail Accounts
2 Sales Periodic & Perpetual Inventory
3 Purchases Periodic
4 Purchases Perpetual Inventory
5 In come Statement Perpetual Inventory
6 Income Statement Periodic Inventory
from Susan V.Crosson,
SANTA FE COLLEGE |
Lecture 3, Merchandising Business
3.1: Product Costs vs Selling & Administrative Costs, Costs
of Goods Available, Gross Margin, Perpetual Inventory System, Multi-Step
Income Statement (0:18)
3.2: Cash Discounts, Transportation Costs, Lost, Damaged or
Stolen Inventory (0:17)
3.3: Events Affecting Sales, Ratio Analysis, Video:
Merchandising (0:13) |
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Part VI Inventory
1 Periodic FIFO
2 Periodic LIFO
3 Periodic FIFO LIFO Recap
4 Periodic AVERAGE
5 Perpetual FIFO
6 Perpetual LIFO
7 Estimates Gross Margin Method
8 Estimates Retail Method |
Lecture 4, Inventory Flow, Cash & Controls
4.1: Inventory Cost Flow Method: Specific Identification,
FIFO, LIFO, Weighted Average (0:17)
4.2: Video: Inventory Costing Methods; Inventory Analysis,
Accounting for Cash,
Bank
Reconciliation (0:25)
4.3: Internal Control Systems,Sarbanes-Oxley Act Video:
Interview w/Ron Penczek, Wellpoint (0:15) |
Part VII Cash & Receivables
1 Overview
2 Bank Reconciliation
3 Accounts Receivable
4 Uncollectible Accounts
5 Notes Receivable
|
Lecture 5, Receivables
5.1: Accounts Receivable, Allowance for Doubtful Accounts,
Estimating Uncollectable Accounts (0:21)
5.2: Notes Receivables, Interest Calculations, Credit Card
Sales (0:15)
5.3: Accounts Receivable Analysis, Video: Receivables
(0:17) |
 |
Part VIII Long Term Assets
1 Long-lived Assets
2 Long-lived Assets-Buy & Lump-sum Purchase
3 Straight line Depreciation
4 Units of Production Depreciation
5 Declining Balance Depreciation
6 Disposal by Trash, Donation, or Sold for Book Value
7 Disposal by Sale or Trade-in
8 Partial years, Tax Methods, Rate Revisions |
Lecture 6, Long-Term Operational Assets
6.1:
Tangible vs Intangible Assets, Determining Cost of Long Term Assets,
Depreciation Methods (0:31)
6.2:
Estimate Revisions, Additional Expenditures for Plant Assets, Natural
Resources, Intangible Assets (0:16)
6.3:
Financial Analysis, Video: Long Term Assets (0:11)
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Part IX Liabilities
|
1 Bond Types
2 Bond
Types
3
Bond Price SE4
4 Effective Interest Bond Premium
5 Effective Interest Bond Discount
6
Callable Bonds
7 Convertible Bonds |
Lecture 7, Liabilities
7.1:
Types of Liabilities, Notes Payable, Contingent Liabilities, Video:
Determinable, Estimated and Contingent Liabilities (0:25)
7.2:
Warranty Obligations, Installment Notes Payable, Line of Credit (0:13)
7.3:
Bonds Issued at Face Value, Current vs Noncurrent, Ratio Analysis (0:13) |
Part X
Contributed Capital
1 Corporations
2 Startup and Organization Costs
3 Stockholders Equity format
4 Sell Stock for Cash
5 Sell Stock Finance Building
6 Stock Options
7 Cash Dividends
9 Treasury Stock
10 Ratios |
Lecture 8, The Business Organization and Financing
8.1:
Proprietorships, Partnerships & Corporations Characteristics of Capital
Stock, Classes of Stock: Common & Preferred (0:18)
8.2:
Par, Stated Value & No Par Stock, Treasury Stock, Video: Corporations
(0:17) |
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Part
XI Corporate Income Statement
1 Stock Dividends
2 Stock Splits
3 Deferred Taxes
4Tax Computation
5 ODEC & EPS
6 Stockholders Equity
7 EPS & Book Value |
8.3:
Cash Dividends, Stock Dividends, Stock Splits, Video: Dividends (0:22) |
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Part XII Cash Flow
1 Statement of Cash Flows Format
2 Operating Activates
3 Investing Activates-Investments
4 Investing Activates-Plant Assets
5 Financing Activates
6 Example-operating
7 Example-Investing
8 Example-financing
9 Ratios |
See Lecture 14 |
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Part
XIII Financial Performance
1 Overview
2 Horizontal Analysis
3 Vertical Analysis
4 Liquidity Ratios
5 Liquidity Ratios AR
6 Liquidity Ratios Inv
7 Liquidity Ratios AP
8 Profitability Ratios
9 Solvency Ratios
10 Cash Flow Ratios
11 Market Strength Ratios |
Lecture 9, Financial Statement Analysis
9.1:
Analysis Overview, Methods of Analysis: Horizontal & Vertical Video:
Analyzing Financial Statements (0:21)
9.2:
Ratio Analysis, Liquidity Ratios, Solvency Ratios, Profitability Ratios
(0:13)
9.3:
Stock Market Ratios, Limitations on Financial Analysis, Video: Interview
w/Gordon Slack, Dow Agro (0:14) |
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Part XIV
Managerial Accounting
Cost Behavior -1 Overview
2 Cost Behavior Types
3
Estimating Costs
4 High Low Example E4
5 High Low Example P5
6 CVP Income Statement
7 CVP Example E8
8 Sales Mix Example E10 |
Lecture 10, Managerial Accounting
10.1: Managerial vs Financial Accounting Information, Product Costing,
Example: Product Costs on Financial Statements (0:22)
10.2: Indirect Cost Allocation, Upstream and Downstream Costs, Product Costs
in Service Companies, Ethical Professional Practice for Management
Accountants, Video: Interview with Tony Klemm, Dow Agro (0:15)
10.3: Managerial Accounting Trends: TQM, Activity-Based Management, JIT
Inventory, Video: The Need for Managerial Accounting (0:18) |
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Part XV Managerial Accounting 2
Cost
Behavior -1 Overview
2
Cost Behavior Types
3
Estimating Costs
|
4
High Low Example E4
5-High Low Example P5
6
CVP Income Statement
7
CVP Example E8
8
Sales Mix Example E10 |
Lecture 11, Cost Behavior
11.1: Fixed Cost Behavior, Operating Leverage, Variable Cost Behavior,
Contribution Margin Income Statement (0:11)
11.2: Operating Leverage Using Contribution Margin, Cost Behavior
Summarized, Relevant Range (0:10)
11.3: Per Unit Contribution Margin, Break-even Analysis, Target Profit
Level, Margin of Safety Video: Classifying Costs for Decision-Making
(0:23) |
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Standard
Costing 1 Overview
2
Material Variances
3
Labor Variances
4
Variable Overhead Variances
5
Fixed Overhead Variances
6 Recap Variances |
Lecture 12, Cost Accumulation
12.1: Cost Drivers, Direct vs Indirect Costs, Allocating Indirect Costs
(0:15)
12.2: Variable Overhead Cost Accumulation, Fixed Overhead Cost Allocation,
Predetermined Overhead Rate, Cost Pools (0:13)
12.3: Relevant Information for Decision-Making, Qualitative Factors, Cost
Avoidance & Cost Hierarchy, Special Decisions: Special Orders and Make or
Buy, Video: Relevant Cost for Decision-Making (0:28) |
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Budgeting Process-1 Overview
2
Sales P6
3
Production P6
4
Material Purchases P6
5
Direct Labor P6
6
Overhead P6
7
SAG Expenses P6
8
COGM P6
9
IS P6
10
Cash Budgets E13 |
Lecture 13, Budgeting Process
13.1: Strategic Planning, Capital, Budgeting and Master Budget, Sales
Budget, Inventory Purchases Budget (0:22)
13.2: Selling & Administrative Expense Budget, Pro Forma Statements, Video:
The Budget Process (0:17)
13.3: Responsibility Accounting, Static & Flexible Budgets, Sales Volume
Variances, Video: Interview with Gordon Slack, DowAgro (0:16) |
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Video Lectures on the Time Value of Money
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Lecture 14, Capital Investments and Course Summary
14.1: Capital Budgeting and Decision-Making, Time Value of Money, Net
Present Value (0:17)
14.2: Measuring Investment Cash Flows, Comparing Alternative Capital
Investment Opportunities, Relevance and Time Value of Money, Payback Method
(0:22)
14.3: Annual Reports, Video: Interview with Ron Penczek, Wellpoint A186
WRAP-UP (0:17) |
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