Accounting

  1. Accounting for Assets
    1. Cash and Cash Equivalents
      1. Definition and Examples
        1. Cash Management
          1. Bank Reconciliations
            1. Reconciling Bank and Book Balances
              1. Identifying Errors and Adjustments
                1. Outstanding Checks
                  1. Deposits in Transit
                  2. Petty Cash Funds
                    1. Establishing Petty Cash
                      1. Replenishing Petty Cash
                        1. Controls and Documentation
                        2. Internal Controls over Cash
                        3. Receivables
                          1. Accounts Receivable
                            1. Recognition and Measurement
                              1. Credit Policies
                                1. Credit Terms
                                2. Notes Receivable
                                  1. Promissory Notes
                                    1. Interest Calculation
                                      1. Maturity Value
                                      2. Valuing Accounts Receivable
                                        1. Direct Write-Off Method
                                          1. Allowance Method for Uncollectible Accounts
                                            1. Estimating Bad Debts
                                              1. Percentage of Sales Method
                                                1. Aging of Accounts Method
                                                  1. Writing Off Uncollectible Accounts
                                                    1. Recovery of Written-Off Accounts
                                                  2. Factoring and Pledging Receivables
                                                  3. Inventory
                                                    1. Determining Inventory Quantities
                                                      1. Physical Inventory Counts
                                                        1. Perpetual System
                                                          1. Periodic System
                                                            1. Goods in Transit
                                                              1. Consigned Goods
                                                              2. Inventory Costing Methods
                                                                1. First-In, First-Out (FIFO)
                                                                  1. Last-In, First-Out (LIFO)
                                                                    1. Weighted-Average Cost
                                                                      1. Specific Identification
                                                                      2. Lower of Cost or Market (LCM)
                                                                        1. Application and Adjustments
                                                                          1. Market Value Determination
                                                                          2. Inventory Errors and Their Effects
                                                                            1. Impact on Financial Statements
                                                                              1. Correction of Errors
                                                                              2. Inventory Turnover Analysis
                                                                              3. Long-Term Assets: Property, Plant, and Equipment (PP&E)
                                                                                1. Determining Cost of PP&E
                                                                                  1. Capitalized Costs
                                                                                    1. Land Costs
                                                                                      1. Building Costs
                                                                                        1. Equipment Costs
                                                                                          1. Subsequent Expenditures
                                                                                          2. Depreciation
                                                                                            1. Straight-Line Method
                                                                                              1. Units-of-Activity Method
                                                                                                1. Declining-Balance Method
                                                                                                  1. Sum-of-Years'-Digits Method
                                                                                                    1. Calculating Depreciation Expense
                                                                                                      1. Depreciation for Partial Years
                                                                                                      2. Capital Expenditures vs. Revenue Expenditures
                                                                                                        1. Disposal of PP&E
                                                                                                          1. Sale of Assets
                                                                                                            1. Retirement of Assets
                                                                                                              1. Exchange of Assets
                                                                                                                1. Gain or Loss Recognition
                                                                                                                2. Asset Impairment
                                                                                                                3. Intangible Assets
                                                                                                                  1. Types of Intangible Assets
                                                                                                                    1. Patents
                                                                                                                      1. Copyrights
                                                                                                                        1. Trademarks
                                                                                                                          1. Goodwill
                                                                                                                            1. Franchises and Licenses
                                                                                                                              1. Software
                                                                                                                              2. Amortization
                                                                                                                                1. Methods of Amortization
                                                                                                                                  1. Indefinite vs. Definite Life Intangibles
                                                                                                                                    1. Amortization Period
                                                                                                                                    2. Impairment of Intangible Assets
                                                                                                                                      1. Research and Development Costs