Faculty: CHRISTIAN E. WURST Jr. Tags: average costCost of Goods Sold (COGS)cost of inventoryFirst In First Out (FIFO)Generally Accepted Accounting Principles (GAAP)International Financial Reporting Standards (IFRS)specific identificationWeighted Average (WAVG)
Accounting for Inventory I Total Running Time: 17:23 Cost of Goods Sold (COGS), cost of inventory, expenditures, periodic inventory, perpetual inventory, physical quantities of goods, quantities of goods Accounting for Inventory I
Accounting for Inventory III Total Running Time: 18:20 Cost of Goods Sold (COGS), cost of inventory, Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), Last In First Out (LIFO) Accounting for Inventory III
Accounting for Inventory IV Total Running Time: 20:11 change in inventory, cost of inventory, Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), inventory errors, LMC, lower of cost or market, value Accounting for Inventory IV
Accounting for Inventory LIFO Total Running Time: 18:20 Cost of Goods Sold (COGS), cost of inventory, Last In First Out (LIFO) Accounting for Inventory LIFO
Accounting for Inventory – FIFO WAVG Total Running Time: 17:31 First In First Out (FIFO), inventory cost flow assumptions, Last In First Out (LIFO), specific identification, Weighted Average (WAVG) Accounting for Inventory – FIFO WAVG
Accounting for Inventory – The Basics Total Running Time: 17:23 Cost of Goods Sold (COGS), cost of inventory, expenditures, periodic inventory, perpetual inventory, physical quantities of goods, quantities of goods Accounting for Inventory – The Basics
Accounting for Stock Options Total Running Time: 10:53 compinsation, expensing options, Generally Accepted Accounting Principles (GAAP), journal entries, stock option accounting, stock options Accounting for Stock Options
Accounting for the Acquisition of Property, Plant, & Equipment II Total Running Time: 28:31 capitalized interest, cost of inventory, dispositions, exchanges, Generally Accepted Accounting Principles (GAAP), intangible asset, International Financial Reporting Standards (IFRS), nonmonetary, self constructed asset Accounting for the Acquisition of Property, Plant, & Equipment II
Applications of Linear Functions Total Running Time: 21:56 average cost, cost, linear depreciation, market equilibrium, profit, Revenue, supply and demand Applications of Linear Functions
Audit Reports Part 1 Total Running Time: 31:05 departure from promulgated principle, emphasis of matter, Generally Accepted Accounting Principles (GAAP), internal control over financial reporting, non-public, reports involving other auditors, Sarbanes-Oxley Act, standard unqualified audit report, substantial doubt, US public company Audit Reports Part 1
Budgets for Service Companies and Merchandisers Total Running Time: 07:15 Cost of Goods Sold (COGS), Merchandising Company, Operating Budget, Sales Budget, Service Company Budgets for Service Companies and Merchandisers
Components of Shareholders Equity II Total Running Time: 34:37 cash dividends, dividend dates, Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), property dividends, Retained Earnings, retired shares, share buybacks, stock dividends, stock splits, treasury stock Components of Shareholders Equity II
Cost and Supply Curve- Supply Total Running Time: 16:26 average cost, increasing marginal cost, marginal cost Cost and Supply Curve- Supply
Cost of Capital Total Running Time: 21:53 book value, budgeting decision, debt financing, equity financing, individual projects, market value, Weighted Average (WAVG) Cost of Capital
Costs and Supply Curve: Cost Function Total Running Time: 17:03 average cost, increasing marginal cost, marginal cost Costs and Supply Curve: Cost Function
Current Liabilities and Contingencies II Total Running Time: 15:20 assessment, Financial Accounting Standards Board (FASB), Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), statement no. 5, unasserted claim Current Liabilities and Contingencies II
Dollar Value LIFO Total Running Time: 11:38 Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), Last In First Out (LIFO) Dollar Value LIFO
Entries for Change in Accounting Principle vs. Estimate Total Running Time: 24:46 completed contract, entry for estimate change, financial statement, First In First Out (FIFO), Generally Accepted Accounting Principles (GAAP), Last In First Out (LIFO), percent completion, principle change Entries for Change in Accounting Principle vs. Estimate
Fair Value Accounting Total Running Time: 13:28 fair value disclosures, Fair Value Hierarchy, fair value option, Generally Accepted Accounting Principles (GAAP) Fair Value Accounting
Financial Accounting Fundamentals Part 1 Total Running Time: 37:09 adjusting entries, Closing Journal Entry (CJE), debits vs credits, general journal, general ledger, Generally Accepted Accounting Principles (GAAP), GJ and GL, JE and AJE, journal entries, real vs nominal accounts Financial Accounting Fundamentals Part 1
Financial Statements Total Running Time: 35:13 Balance Sheet (BS), cash flow, Generally Accepted Accounting Principles (GAAP), market value, Matching Principle Financial Statements
Income Statement Total Running Time: 13:42 accrual accounting, assumptions, Generally Accepted Accounting Principles (GAAP), income statement, investors, Matching Principle Income Statement
Introduction to Accounting Part 2 Total Running Time: 20:07 accrual accounting, Cash Accounting, Credit, Debit, Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS) Introduction to Accounting Part 2
Introduction to Cost Terms: Flow of Inventoriable Costs Total Running Time: 16:12 Cost of Goods, Cost of Goods Manufactured (COGM), Cost of Goods Sold (COGS), Direct Materials Used, Flow of Inventorial Costs, Gross Margin, Gross Profit Introduction to Cost Terms: Flow of Inventoriable Costs
Introduction to Financial Accounting Total Running Time: 19:13 accounting standards, accrual, Generally Accepted Accounting Principles (GAAP) Introduction to Financial Accounting
Job Costing Flow of Costs through the Accounting Records Total Running Time: 17:31 Cost of Goods Sold (COGS), Finished Goods, Manufactured Overhead Allocated, Manufactured Overhead Control, Work in Process Job Costing Flow of Costs through the Accounting Records
Marjor GAAP/IFRS Differences Total Running Time: 07:00 equipment, Generally Accepted Accounting Principles (GAAP), impairments, income taxes, International Financial Reporting Standards (IFRS), inventories, plant, property, uncertain tax benefits Marjor GAAP/IFRS Differences
Process Costing I Total Running Time: 19:13 equivalent units, five step process, production cost report, Weighted Average (WAVG) Process Costing I
Process Costing II Total Running Time: 17:34 First In First Out (FIFO), job costing, operation costing, process costing, weighte average costing Process Costing II
Product and Quotient Rule Total Running Time: 26:30 average cost, product rule, quotient rule Product and Quotient Rule
Property Acquisitions and Cost Recovery Deductions Part 3 Total Running Time: 03:00 Cost of Goods Sold (COGS), Inventory capitalization Property Acquisitions and Cost Recovery Deductions Part 3
Property, Plant, & Equipment Depreciation and Impairment II Total Running Time: 24:09 Generally Accepted Accounting Principles (GAAP), impairment, intangible asset, International Financial Reporting Standards (IFRS), Residual Value (RV), service life, value Property, Plant, & Equipment Depreciation and Impairment II
Regulatory and Buisiness Trend Implications Total Running Time: 11:53 International Financial Reporting Standards (IFRS), regulatory environment, Trends in Business Regulatory and Buisiness Trend Implications
Revenue and Expense Recognition Total Running Time: 06:35 Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), recognition rules Revenue and Expense Recognition
Revenue Recognition Pt2 Total Running Time: 26:37 completed contract, Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), long term contract, percentage of completion, profitability, ratio Revenue Recognition Pt2
Status of IFRS acceptance and the SEC Total Running Time: 06:17 Financial Accounting Standards Board (FASB), Generally Accepted Accounting Principles (GAAP), IASB, International Financial Reporting Standards (IFRS), Securities and Exchange Commission (SEC), Standards board Status of IFRS acceptance and the SEC
Taxes Total Running Time: 17:26 Cost of Goods Sold (COGS), depreciation, income statement, net income, Revenue, sales Taxes
The FASB Codification Total Running Time: 08:47 Accounting Standards Codification (ASC), Financial Accounting Standards Board (FASB), Generally Accepted Accounting Principles (GAAP), topical structure The FASB Codification
The Least You Need to Know Total Running Time: 35:07 accrual, Asset, Balance Sheet (BS), Cash Basis, Conservatism, Debits and Credits, Dividends, Expanded Accounting Equation, expense, Gain, Generally Accepted Accounting Principles (GAAP), Historical Cost, income statement, International Financial Reporting Standards (IFRS), Liability, Loss, net income, Retained Earnings, Revenue, statement of cash flows (SCF), Stockholders Equity The Least You Need to Know