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What Topics Are Covered?

  • Chapter 3 - The Reporting Entity and Less than 100...
  • 3.1._Consolidation_of_less_than-_100_Ownership
  • 3.2._Control_and_Exercising_Indirect_Control
  • 3.3._Overview_of_Noncontrolling_Interest
  • 3.4._Noncontrolling_Interest_-_Consolidated_Net_Income
  • 3.5._Noncontrolling_Interest_-_Consolidated_Retained_Earnings
  • 3.6._Consolidation_Less_than_100_Example_Overview
  • 3.7._Consolidations_-_CE_AB_-_Less_than_100_Ownership_Beg_Year_1
  • 3.8._Consolidation_Entry-_CE_AB_-_Less_than_100_-_End_Year_1
  • 3.9._Consolidation_Entry-_CE_AB_-_Less_than_100_-_End_Year_2
  • Chapter 4 - Consolidation 100 Percent at More Than...
  • 4.1._Consolidation_of_100_Ownership_-_More_than_Br
  • 4.2._Amortization_-_Write_Off_of_Differential
  • 4.3._Amortization_-_Write_Off_of_Differential_Example
  • 4.4._Consolidation_-_100_Ownership_-_More_than_BV
  • 4.5._Consolidation_-_100_Ownership_-_Less_than_BV
  • 4.6._Consolidations_-_100_Ownership_-_More_than_BV_with_Differential_End_of_1st_year_Example_Overview
  • 4.7._Consolidations_-_CE_ABCD_-_100_Ownership_-_End_of_Year_1
  • 4.8._Consolidations_-_CE_ABCD_-_100_Ownership_-_End_of_Year_2
  • 4.9._Consolidation_Entry_E_-_Eliminations_of_Intercompany_Receivables_and_Payables
  • Chapter 5 - Consolidation of Less-than-Wholly-Owne...
  • 5.1._Consolidations_-_NCI
  • 5.2._Consolidations_-_NCI_-_Goodwill_-_Example_Overview
  • 5.3._Consolidations_-_NCI_-_Goodwill_-_CE_ABC_at_Acquisition_Date
  • 5.4._Consolidations_-_NCI_-_Goodwill_-_Initial_Year_of_Ownership_-_CE_ABC
  • 5.5._Consolidation_-_NCI_-_Goodwill_-_2nd_Year__-_CE_ABC
  • 5.6._Discontinuance_of_Consolidations
  • 5.7._Other_Comprehensive_Income_-_OCI
  • Chapter 6 - Intercompany Inventory Transactions
  • 1._Intercompany_Inventory_Transactions
  • 2._Selling_Inventory_at_a_Profit_-_Loss
  • 3._Key_Terms_-_Lingo
  • 4._Mark_Up_on_Sales_-_Gross_Profit_Percentage_Calculation_of_Deferred_Profit
  • 5._Mark_Up_on_Cost_Example_-_Calculating_Deferred_Profit
  • 6._Deferring_Unrealized_Profit_on_Loss_in_the_Consolidation_-_Consolidation_Entry_G
  • 7._Deferring_Unrealized_Profit_and_Losses_on_the_Parents_Books_-_Equity_Method
  • 8._Downstream_-_Sale_of_Inventory
  • 9._Downstream_Sale_of_Inventory_-_Year_1
  • 10._Downstream_Sale_of_Inventory_-_Year_1_-_Consolidation_Entry_AG
  • 11._Downstream_Sale_of_Inventory_-_Year_2_-_Consolidation_Entry_AG
  • 12._Consolidated_Net_Income_-_Year_1_Downstream
  • 13._Downstream_Sale_of_Inventory_-_Equity_Method_-_Year_2
  • 14._Upstream_Sale_of_Inventory_-_Year_1_-_Equity_Method
  • 15._Upstream_Sale_of_Inventory_-_Year_1_-_Equity_Method
  • 16._Upstream_Sale_of_Inventory_-_Year_1_-_Consolidation_Entry_AG
  • 17._Upstream_Sale_of_Inventory_-_Year_2_-_Consolidation_Entry_AG
  • Chapter 7 - Intercompany Transfers of Services and...
  • 1._Intercompany_Transfers_of_Services_and_Noncurrent_Assets
  • 2._Intercompany_Land_Transfers_-__Equity_Method_Transactions_-_Parents_Books
  • 3._Intercompany_Sale_of_Land_-_Downstream_-_Year_of_Sale
  • 4._Downstream_Sale_of_Land_-_Year_of_Sale_to_Company_B_-_Consolidated_Entry_AandH
  • 5._Intercompany_Land_Transfers_-_Disposition_of_Asset
  • 6._Intercompany_Sale_of_Land_-_Upstream_-_Year_of_Sale
  • 7._Upstream_Sale_of_Land_-_Year_of_Sale_to_Company_A_-_Consolidated_Entry_A_and_H
  • 8._Upstream_Sale_of_Land_-_Year_of_Sale_to_Company_A_-_Consolidated_Entry_A_and_H
  • 9._Upstream_Sale_of_Land_-_Year_of_Sale_to_Company_A_-_Consolidated_Entry_A_and_H
  • 10._Intercompany_Transfers_of_Depreciable_Assets_-_Downstream_-_Entries_G1_and_Equity_Entries
  • 11._Intercompany_Transfers_of_Depreciable_Assets_-_Downstream_Sale-_Consolidated_Entries
  • 12._Intercompany_Transfers_of_Depreciable_Assets_-_Downstream_Sale-_End_of_Year_2
  • 13._Intercompany_Transfers_of_Depreciable_Assets_-_Downstream_Sale-_Consolidated_Entries_-_End_of_Year_2_-_Consolidation_Entry
  • 14._Intercompany_Transfers_of_Depreciable_Assets_-_Downstream_Sale-_Consolidated_Entries_-_After_of_Year_2
  • 15._Intercompany_Transfers_of_Depreciable_Assets_-_Upstream_-_Entries_G1_and_Equity_Entries
  • 16._Intercompany_Transfers_of_Depreciable_Assets_-_Upstream_Sale_-_Consolidated_Entries_-_End_of_Year_1
  • 17._Intercompany_Transfers_of_Depreciable_Assets_-_Upstream_Sale_-__End_of_Year_2
  • Chapter 11 - Multinational Accounting, Foreign Cur...
  • 1._Multinational_Accounting_-_Foreign_Currency_Transactions
  • 2._Exchange_Rates_-_Direct_and_Indirect_Exchange_Rates
  • 3._Changes_in_Exchange_Rates
  • 4._Foreign_Currency_Transaction
  • 5._Foreign_Currency_Imports_and_Exports_Transactions
  • 6._Foreign_Purchase_Transaction_-_Receivables_-_Payables
  • 7._Managing_an_exposed_net_liability_position_-_hodging
  • 8._Hedging_an_unrecognized_Foreign_Currency_Firm_Commitment_-_FX_Currency_FV_Hedge
  • Chapter 12 - Multinational Accounting, Issues in F...
  • 1._Multinational_Accounting_-_Key_Terms
  • 2._Functional_Currency_and_Exchange_Rates
  • 3._Translation_vs_Remeasurement
  • 4._Translation_and_Consolidation_of_a_Foreign_Subsidiary_-_Date_of_Acquisition
  • 5._Foreign_Subsidiary_-_Consolidated_Entries_AC_-_Date_of_Acquisition
  • 6._Subsidiarys_Foreign_Currency_Units
  • 7._Translation_of_Foreign_Subsidiarys_Trial_Balance_-_End_of_Year_1
  • 8._Foreign_Subsidiary_-_Parents_Equity_Method_Entries_-_End_of_Year_1
  • 9._Foreign_Subsidiary_-_The_Differential_-_Year_1_End_-_Equity_Method
  • 10._Foreign_Subsidiary_-_Consolidation_of_Foreign_Subsidiary_-_Consolidation_Entries_-_End_Year_1
  • 11._Review_-_Remeasurement_of_the_Books_of_Record_into_the_Functional_Currency
  • 12._Remeasurement_of_Foreign_Subsidiarys_TriaL_Balance_-_End_of_Year_1
  • Chapter 13 - Segment and Interim Reporting
  • 1._Segment_and_Interim_Reporting_-_Operating_Segment
  • 2._Defining_Reportable_Operating_Segment
  • 3.__Comprehensive_Disclosure_Test
  • 4._Reporting_Segment_Information
  • 5._Enterprise_Disclosures
  • 6._Interim_Financial_Reporting
  • 7._Reporting_Standards_-_Interim_Statements_-_Revenues_and_All_other_Costs
  • 8._Temporary_LIFO_Liquidation
  • 9._Market_Write-Down_and_Recovery_-_Inventory
  • 10._Accounting_for_Income_Taxes_in_Interim_Period
  • Chapter 15 - Leases
  • 0._BA_II_Plus_Calculator
  • 0._Overview_of_Week_1
  • 1._Leases
  • 2._Operating_and_Financing_Leases
  • 3._Journal_Entries_to_Leases
  • 4._Advance_Payments
  • 5._Example_-_PV_of_Minimum_Lease_Payments
  • 6._Bargain_Purchase_Option
  • 7._Guarenteed_Residual_Value_
  • 8._Other_Lease_Accounting_Issues
  • 9._Sales-Leaseback_Agreement
  • Chapter 16 - Accounting for Income Taxes
  • 1._Accounting_for_Income_Taxes
  • 2._Temporary_and_Permanent_Differences
  • 3._Deferred_Tax_Liability
  • 4._Deferred_Tax_Asset
  • 5._Example_of_Calculating_DTL_and_DTA
  • 6._Tax_Rate_Calculation
  • 7._Uncertain_Tax_Position
  • Chapter 17 - Pensions and Other Postretirement Ben...
  • 1._Overview_of_Pensions_Plans
  • 2._Understanding_Defined_Benefit_Plans_-_Pension
  • 3._What_is_Pension_Obligation
  • 4._Calculating_PBO
  • 5._Projected_Benefit_Obligation
  • 6._PBO_-_Service_Costs
  • 7._PBO_-_Interest_Costs
  • 8._PBO_-_Prior_Service_Costs
  • 9._PBO_-_Payment_of_Retiree_Benefits
  • 10._Pension_Plan_Assets
  • 11._Pension_Expense
  • 12._Pension_Expense_-_Amortization_Prior_Service_Costs
  • Chapter 18 - Shareholders Equity
  • 1._Introduction_to_Shareholders_Equity
  • 2._Introduction_to_Paid-In_Capital
  • 3._Accounting_for_Investment_-_Par_Value
  • 4._Issued_More_than_One_Security_for_a_Single_Price
  • 5._Issued_Shares_for_Noncash_Considerations
  • 6._Share_Buybacks
  • 7._Accounting_for_Retired_Shares
  • 8._Accounting_for_Treasury_Stock
  • 9._Retained_Earnings
  • 10._Cash_Dividend_Reporting_
  • 11._Other_Issues_in_Dividends
  • Section 1 - Environment and Theoretical Structure ...
  • 1._Intro_to_Financial_Accounting_-_Intermediate_Accounting
  • 2._Capital_Markets_-_Context_of_Financial_Reporting
  • 3._Rate_of_Return
  • 4._Cash_and_Accrual_Accounting
  • 5._Example_of_Cash__vs_Accruel
  • 6._Overview_of_US_GAAP
  • 7._Intermediate_Standard_Setting
  • 8._The_Conceptual_Framework
  • 9._Assumptions_in_US_GAAD
  • 10._Principles_in_US_GAAD
  • 11._Measurement
  • Section 2 - Review of the Accounting Process
  • 1._Basic_Understanding_of_Accounting
  • 2._The_Accounting_Equation
  • 3._Debits_and_Credits
  • 4._Examples_-_Debits_and_Credits
  • 5._Permanent_vs_Temporary_Accounts
  • 6._Steps_in_the_Accounting_Cycle
  • 7._Journals_vs_Ledgers
  • 8._Adjusting_Entries_-_Review_and_Prepayments
  • 9._Accruals
  • 10._Estimates
  • 11._Financial_Statements_-_Income_Statements
  • 12._Balance_Sheet
  • 13._Statement_of_Cash_Flows_and_Statement_of_Shareholders_Equity_-_Overview
  • 14._The_Closing_Process
  • FAR Quiz
  • Shared Student Folder
  • Student Forum
  • Student Quiz
  • Feedback / comments
  • Certificate: FAR CPA Exam Review: Financial Accounting and Reporting

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