- 1 Balance Sheet
- 2 Cash Basis to Accrual-Adjusting Entries-Deferrals & Accruals
- 3 FAR Disclosures and Footnotes-1MD&A DisclosurePrivate2Summary of Significant Accounting PoliciesPrivate3Disclosures involving nature of operations and estimatesPrivate4Disclosures due to ConcentrationsPrivate5Subsequent EventsPrivate6Assets-The BasicsPrivate7Liabilities-The BasicsPrivate8Fair Value Framework Part 1-Most Advantageous MarketPrivate9Fair Value Framework P2-Fair Value Hierarchy, Levels 1-3Private
- 4 Accounts and Notes Receivable1accounts receivable-gross and net methodPrivate2Estimating Credit Loss Expense and Allowance for Credit Losses P1Private3Estimating Credit Losses and Allowance for Credit Losses P2Private4write-offs and recoveryPrivate5Receivables-Factoring- Pledging and Assigning.Private6Notes Receivable-Interest BearingPrivate7Notes Receivable-Non Interest BearingPrivate8Discounting a Note ReceivablePrivate9Gross and Net Method simulationPrivate10Notes Receivable-Non Interest Bearing NotesPrivate11Notes Receivable simulation # 2Private12Simulation-Analysis of Accounts ReceivablePrivate
- 5 Revenue Recognition-1Step 1-Identify The Contract with a CustomerPrivate2Step 2-Identify the Separate Performance ObligationsPrivate3Step 3-Determine the Transaction PricePrivate4Step 4-Allocate Transaction Price to Separate Performance ObligationsPrivate5Step 5-Recognize Revenue as Performance Obligations are SatisfiedPrivate6Incremental CostsPrivate7Principal and AgentPrivate8Revenue from Consignment ArrangementsPrivate9Revenue Recognition Simulation Video-Imputed InterestPrivate10Revenue Recognition Simulation Video-Variable ConsiderationPrivate
- 6 Long Term Construction Contracts
- 7 FAR Income Statement and Accounting Changes1Income Statement-The BasicsPrivate2Income Statement-Expense CategoriesPrivate3Discontinued operationsPrivate4Accounting for Cloud Computing Arrangements-Private5Accounting Changes-Change In EstimatePrivate6Accounting Changes-Change in PrinciplePrivate7Accounting Change- Change In Reporting EntityPrivate8Prior Period Adjustments-Correction of ErrorsPrivate9Statement of Retained EarningsPrivate10Special Purpose FrameworksPrivate11Private Company Council-The BasicsPrivate12Private Company Council-Part 2Private13Interim Financial Reporting-The BasicsPrivate14Interim Financial Reporting-ContinuedPrivate15Opening Retained Earnings-Restatement-Simulation VideoPrivate16Accounting Changes SimulationPrivate
- 8 FAR Fixed Assets and Impairments1FAR-Fixed Asset Valuation-Private2Land, Building, and Land ImprovementsPrivate3Fixed Assets-Basket PurchasesPrivate4Capitalization of interest-the basicsPrivate5Capitalization of InterestPrivate6Impairment of Fixed Assets and PatentsPrivate7Intangible Assets- Indefinite Life vs Finite LifePrivate8Straight Line DepreciationPrivate9Sum of the Year's Digits DepreciationPrivate10Double Declining Balance DepreciationPrivate11Depreciation-Change in Methods-Units of ProductionPrivate12Composite Depreciation and Asset DisposalsPrivate13Depletion-Private14Capitalized Interest Simulation VideoPrivate15Land and Land Improvements Simulation VideoPrivate
- 9 Leases1Leases-the BasicsPrivate2Operating LeasesPrivate3Operating Leases-Uneven Payments-Private4Finance Leases-The BasicsPrivate5Finance Leases-Lessee-Part 2Private6Finance Lease Simulation-Lessee-Ordinary AnnuityPrivate7Finance Lease Simulation-Lessee-Annuity DuePrivate8Operating Leases Simulation-5 YearsPrivate
- 10 Other Liabilities1Liabilities-The BasicsPrivate2accounts payable-gross and net methodPrivate3payroll tax liabilitiesPrivate4sales tax liabilitiesPrivate5Contingent LiabilitiesPrivate6Compensated AbsencesPrivate7Current Liabilities-Special TopicsPrivate8Purchase CommitmentsPrivate9Termination Liabilities-The BasicsPrivate10Termination Liabilities-No Future Services RequiredPrivate11Termination Liabilities When Future Services are RequiredPrivate12Notes PayablePrivate13Contingent Liabilities Simulation Video Part 1Private14Contingent Liabilities Simulation Video Parts 2 and 3Private
- 11 FAR Bonds1Bonds-The Basics-Private2Bonds-Present Value and Journal Entries-Private3Bond Issuance CostsPrivate4Bonds-Narrated Multiple Choice QuestionsPrivate5Bonds issued between interest datesPrivate6Year end bond interest accrualPrivate7Early Extinguishment of BondsPrivate8Additional bond topicsPrivate9Bond Sinking Fund RequirementsPrivate10Troubled Debt RestructuringPrivate11Bond Extinguishment Simulation VideoPrivate12Bond Issuance Cost Simulation VideoPrivate
- 12 Cash and Cash Equivalents and Statement of Cash Flows1Cash and Cash EquivalentsPrivate2Bank ReconciliationPrivate3Intro to Statement of Cash FlowsPrivate4Operating Section-Direct MethodPrivate5Operating Section-Indirect MethodPrivate6Operating Section-Indirect Method Part 2Private7Investing and Financing SectionsPrivate8Bank Reconciliation SimulationPrivate9Cash Flow SimulationPrivate
- 13 Stockholders Equity1Stockholders Equity-The BasicsPrivate2Issuance of Common Stock for Cash, Other Assets and ServicesPrivate3Stock SubscriptionsPrivate4Preferred Stock-CumulativePrivate5Convertible Preferred StockPrivate6Participating Preferred StockPrivate7Cash and Property DividendsPrivate8Stock Dividends and Stock SplitsPrivate9Treasury Stock-Cost Method and RetirementPrivate10Treasury Stock-Par Value MethodPrivate11Appropriated Retained EarningsPrivate12Quasi-ReorganizationPrivate13Statement of Changes in Stockholders EquityPrivate14Stockholders Equity-Treasury Stock Simulation VideoPrivate15Stockholders Equity-Stock Options Simulation VideoPrivate
- 14 FAR Marketable Securities and other investments1Investments in Debt Securities -TradingPrivate2Investments in AFS Debt SecuritiesPrivate3Investments in Held to Maturity Debt Securities-Private4Investments in Equity Securities-FVNI Method-Private5Fair Value Net Income Method Part 2Private6Equity Method-Private7Equity Method With GoodwillFree Preview8Cash Surrender Value of Life InsurancePrivate9Simulation on Investment in Equity Securities-Fair Value- Net Income methodPrivate10Investment in Available for Sale Debt Securities Simulation Part 1Private11Investment in Available for Sale Debt Securities Simulation Part 2-Private12Allowance for Credit Loss SimulationPrivate
- 15 Business Combinations-13 Types of Business CombinationsPrivate2Cost of Acquisition-Fair Value AdjustmentsPrivate3Goodwill and Non-controlling interest-The BasicsPrivate4Goodwill and Non-Controlling Interest ContinuedPrivate5Fair Value of Net Assets not KnownPrivate6Consolidated Financial Statements and Eliminating Journal EntryPrivate7Inter-company InventoryPrivate8Sale of Inter-company Fixed AssetsPrivate9Variable Interest EntitiesPrivate10Consolidated Financial Statements-Worksheet entriesPrivate11Microsoft Excel-Consolidated Worksheet Simulation-Private12Consolidated Financial Statements with NCIPrivate
- 16 FAR Foreign Currency
- 17 Government Accounting and Reporting1Government Accounting-The BasicsPrivate2Basic Governmental Funds-Part 1Private3Basic Governmental Funds Part 2Private4Proprietary FundsPrivate55 Categories of Fund BalancePrivate6Fiduciary FundsPrivate7Cash Flow StatementPrivate8Other Financing Sources and UsesPrivate9Encumbrances and Closing EntriesPrivate10Property TaxesPrivate11Fund Level Financial Reporting-Major vs Non-Major FundsPrivate12Government Funds-Video Simulation with Journal EntriesPrivate13Government Financial Statement TitlesPrivate14Enterprise Fund Statement of Cash Flows Simulation VideoPrivate
- 18 FAR Not For Profit1Not For Profits-The BasicsPrivate2Not For Profits-Net Asset ModelPrivate3Not For Profits-Financial Reporting ObjectivesPrivate4Not For Profits-Program vs SupportPrivate5Conditional vs UnconditionalPrivate6Not For Profits-Fixed Assets and Investment IncomePrivate7Not For Profits-Endowment ReportingPrivate8Multi-Year PledgesPrivate9Donated ServicesPrivate10Statement of Cash FlowsPrivate11Functional Expenses BreakdownPrivate12Colleges and Universities Part 1Private13Colleges and Universities Part 2Private14Not For Profit-Hospitals Part 1Private15Not For Profit Hospitals Part 2Private16Variance Power-With and WithoutPrivate17Not For Profit-Cash Flow StatementPrivate
- 19 Earnings Per Share
- 20 FAR Accounting for Income Taxes1Permanent DifferencesFree Preview2Temporary Differences-Book Income this year, taxable income next yearFree Preview3Temporary Differences-Taxable Income this year, book income next yearFree Preview4temporary differences-expenses/deductionsPrivate5Temporary Differences-Advanced topicsPrivate6Deferred Tax Asset-Valuation AllowancePrivate7Net Operating LossPrivate8Simulation-Book Income to Taxable IncomePrivate
- 21 FAR Inventory1Inventory-The BasicsPrivate2Perpetual vs Periodic InventoryPrivate3Inventory ErrorsPrivate4Inventory-ConsignmentPrivate5Lower of Cost and NRVPrivate6Lower of Cost or MarketPrivate7FIFO InventoryPrivate8LIFO-PeriodicPrivate9LIFO-PerpetualPrivate10Dollar Value LIFOPrivate11Weighted Average and Moving AveragePrivate12Inventory Errors Simulation VideoPrivate13Simulation-Inventory-Relative Sales Value and Retail MethodPrivate14Simulation-Sub Ledger to General Ledger ReconciliationPrivate15Year End Inventory Adjustment SimulationPrivate16Estimated Gross Profit Method Sim for Insurance Losses and Interim ReportingPrivate
- 22 FAR-Comprehensive Income
- 23 FAR Ratio Analysis1Ratios-Common Size Balance Sheet and Income StatementPrivate2Ratio Analysis-Liquidity RatiosPrivate3Transaction Effect on RatiosPrivate4Operating Cycle and Cash Conversion CyclePrivate5Transaction Effect on Ratios-Simulation VideoPrivate6Financial Statement Ratios-Simulation VideoPrivate7Journal Entries and Ratios Simulation-2020Private
- 24 Asset Retirement Obligations
- 25 Partnership Accounting
- 26 FAR Final Review-M/C Testlets and Best Bet Simulation Videos1FAR Testlet #1Private2FAR Testlet #2Private3FAR Testlet #3Private4FAR Testlet #4Private5Fair Value Simulation-Balance SheetPrivate6Final Exam Simulation-Cash Basis to AccrualPrivate7FAR-"Best Bet" Final Exam Simulation Video-Investments-Equity MethodFree Preview8FAR "Best Bet" Final Exam Simulation Video-Capitalization of InterestPrivate9Final Exam Simulation-Adjusting and Correcting Journal EntriesFree Preview10FVNI Method Accounting for Investments in Equity SecuritiesPrivate11Best Bet Simulation-Accounting for Income Tax-Book to Tax IncomePrivate12Final Exam Simulation Video-Allowance for Credit Losses (NEW!)Private13Final Exam Simulation-Asset Retirement ObligationsPrivate14Final Exam Simulation-Inventory-Part 1-Weighted Average and PeriodicPrivate15Final Exam Simulation-Inventory Part 2-Moving Average and PerpetualPrivate16Final Exam Ratio Simulation Part 1Private17Final Exam Ratio Simulation Part 2Private18Long Term Construction Sim with a Loss-Part 1Private19Long Term Construction Sim with a Loss-Part 2Private20Long Term Construction sim with a loss-Part 3Private21What to do Exam Morning to Score 5 Extra Points!Private
- 27 Amazon-E-Book-Top 75 Questions for FAR
Course Description
The i75 FAR Cram includes 15 Days of Access to all the i75 FAR Videos and the Final Review Chapter. Perfect for those who Do NOT already have i75 FAR Complete. If you want the multiple choice chapter tests, get the i75 FAR Complete monthly subscription instead of the 15 Day FAR CRAM.