À propos de ce cours
4.9
285 notes
67 avis
100% online

100% online

Commencez dès maintenant et apprenez aux horaires qui vous conviennent.
Dates limites flexibles

Dates limites flexibles

Réinitialisez les dates limites selon votre disponibilité.
Heures pour terminer

Approx. 32 heures pour terminer

Recommandé : 6 weeks of study, 6-8 hours/week...
Langues disponibles

Anglais

Sous-titres : Anglais...

Compétences que vous acquerrez

Financial AccountingFinancial StatementAccountingGenerally Accepted Accounting PrinciplesAccounting Terminology
100% online

100% online

Commencez dès maintenant et apprenez aux horaires qui vous conviennent.
Dates limites flexibles

Dates limites flexibles

Réinitialisez les dates limites selon votre disponibilité.
Heures pour terminer

Approx. 32 heures pour terminer

Recommandé : 6 weeks of study, 6-8 hours/week...
Langues disponibles

Anglais

Sous-titres : Anglais...

Programme du cours : ce que vous apprendrez dans ce cours

Semaine
1
Heures pour terminer
2 heures pour terminer

Week 5: Introduction and Working Capital Assets

Now that we have a solid grasp of the foundations from the Introduction to Financial Accounting course, we are going to work our way around the Balance Sheet to discuss various types of Assets, Liabilities, and Stockholders' Equity (along with their associated Revenues and Expenses) in more detail. We kick off with Accounts Receivable and the problem that some customers that buy goods on credit will not actually pay us. We will look at the computation, disclosure, and analysis of such "Bad Debts". We will also briefly discuss other Accounts Receivable issues such as Factoring and Securitization. Then, we will move on to Inventory. We will discuss how Inventory accounting differs between retail and manufacturing firms. We will see how companies figure out the cost of the inventory they sold, which requires assumptions about cost flows. This discussion will lead us into covering one of the most infamous accounting topics: LIFO....
Reading
8 vidéos (Total 115 min), 1 lecture, 1 quiz
Video8 vidéos
Video 5.1.1: Accounts Receivable18 min
Video 5.1.2: Estimating Uncollectible Accounts14 min
Video 5.2: Accounts Receivable Disclosure Example14 min
Video 5.3.1: Inventory18 min
Video 5.3.2: LIFO vs. FIFO19 min
Video 5.4: Inventory Disclosure Example8 min
Video 5.5: 3M Company: Accounts Receivable and Inventory17 min
Reading1 lecture
Frequently Asked Questions10 min
Quiz1 exercice pour s'entraîner
Homework #120 min
Semaine
2
Heures pour terminer
3 heures pour terminer

Week 6: Long-lived Assets and Marketable Securities

This week, we will cover assets that represent longer-term investments. We will start with Property, Plant, and Equipment, covering questions like: What gets included in these accounts? How are they depreciated? What happens if their value is impaired? Then, we will cover similar questions for Intangible Assets, including Goodwill. Finally, we will discuss how companies account for investments in debt and equity securities and how the treatment for equity investments in other companies is determined by how much of the other company is owned....
Reading
8 vidéos (Total 148 min), 1 quiz
Video8 vidéos
Video 6.1.2: Tangible Assets II20 min
Video 6.2: Intangible Assets and Goodwill17 min
Video 6.3: Long-lived Assets Disclosure Example16 min
Video 6.4.1: Marketable Securities I22 min
Video 6.4.2: Marketable Securities II12 min
Video 6.5: Marketable Securities Disclosure Example16 min
Video 6.6: 3M Company: Long-lived Assets & Marketable Securities23 min
Quiz1 exercice pour s'entraîner
Homework #220 min
Semaine
3
Heures pour terminer
3 heures pour terminer

Week 007: Liabilities and Long-term Debt

We move to the right-hand side of the Balance Sheet this week with a look at Liabilities. We will start by covering time-value of money, which is the idea that $1 today is not worth the same as $1 in the future. Almost all liabilities involve a consideration of the time-value of money, so this will be an important foundation piece for you to understand. Then, we will cover accounting for bank debt, mortgages, and bonds. Next, we will move into the topic of "off-balance-sheet" liabilities with a discussion of Leases. ...
Reading
7 vidéos (Total 166 min), 1 quiz
Video7 vidéos
Video 7.1.2: Time Value of Money: Present Value17 min
Video 7.1.3: Time Value of Money: Annuities24 min
Video 7.2.1: Long-Term Debt and Bonds I25 min
Video 7.2.2: Long-Term Debt and Bonds II28 min
Video 7.3: Leases28 min
Video 7.4: 3M Company: Long-Term Debt and Leases14 min
Quiz1 exercice pour s'entraîner
Homework #320 min
Semaine
4
Heures pour terminer
3 heures pour terminer

Week 8: Deferred Taxes

There are two certainties in life, and we will cover one of them this week (the other is beyond the scope of the course). We will NOT teach you how to prepare your own tax return. Instead, we will discuss how companies have to prepare "two sets of books": their financial statements and their tax returns. The rules are different for these two sets of books, leading to permanent differences and to temporary differences. We will cover both types of differences, with a main focus on "deferred taxes", which are the byproduct of temporary or timing differences between tax reporting and financial reporting. Finally, we will touch on other tax issues, such as Net Operating Loss Carryforwards and the rule that requires companies to disclose how much they are trying to cheat on their taxes (sorry, that should say "use tax planning strategies to manage their taxable income")....
Reading
7 vidéos (Total 130 min), 1 quiz
Video7 vidéos
Video 8.2.1: Deferred Tax Liabilities17 min
Video 8.2.2: Deferred Tax Assets and Tax Rate Changes20 min
Video 8.3: Valuation Allowances and NOLs14 min
Video 8.4: Income Tax Disclosure Example25 min
Video 8.5: Taxes, SCF, and Marketable Securities18 min
Video 8.6: 3M Company: Income Taxes13 min
Quiz1 exercice pour s'entraîner
Homework #420 min

Enseignant

Avatar

Brian J Bushee

The Geoffrey T. Boisi Professor
Accounting

À propos de University of Pennsylvania

The University of Pennsylvania (commonly referred to as Penn) is a private university, located in Philadelphia, Pennsylvania, United States. A member of the Ivy League, Penn is the fourth-oldest institution of higher education in the United States, and considers itself to be the first university in the United States with both undergraduate and graduate studies. ...

Foire Aux Questions

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