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Accounting Instruction, Help, & How To – Bob Steele
Accounting for governmental and not for profit entities including an introduction of what government and not for profit entities are and sta...
The banking system, definition of money,, and how money is created in the banking system. The post MA1200 Banks, Money And The Financial Sec...
Inflation, – How to calculate using index, relationship between inflation and unemployment using the Phillips Curve, and discussion of what...
Fiscal policy including tax and government spending. Discussion of the history and debate over fiscal policy The post EA1600 Fiscal Policy a...
Monetary policy used by the federal reserve to influence the economy in times of a recessionary or inflationary gap. The post EA1300.10 Mone...
Keynesian short run or demand model includes business cycles aggregate demand, short term aggregate supply, and long term aggregate supply....
Classical model, long run, growth or supply-side, discussing the model most economists held before the 1930 and that has had some concepts c...
Economic history of macro economics introducing classical economics, Keynesian economics and the business cycle. The post EA600.10 Economic...
Gross domestic product GDP, basic macro economic accounting term measuring performance, including C Consumption + I Income + G Government Sp...
Market problems including externalities, public goods, and uneven information including pros and cons of government intervention for these m...
Economic terms of demand and utility allowing us to graph diminishing marginal utility. The post appeared first on Accounting Instruction, H...
Economic concept of elasticity crucial economic concept in many economic models, applied to elastic of demand and elasticity of supply. The...
Economic core concepts of supply, demand & equilibrium including movement along supply and demand curve, shit in supply and demand curve, an...
Economic topic of production possibility frontier & comparative advantage are core principles in economics, demonstrating the use of models...
Equivalent units calculation in process cost system to allocate direct material and conversion costs, direct labor & overhead, to proper pro...
Process cost system defined for manufacturing company including calculation of cost of goods manufactured and cost of goods sold, journal en...
Job cost system defined for manufacturing company including calculation of job cost report, journal entries related to the job cost system,...
Economics introduction of what economics is and why learn economics, defining economics, exploring economic terms including micro economics...
Statement of cash flow, a financial statement showing the inflow and outflow of cash using 3 categories, operating, investing, and financing...
Issue of bonds at a discount, interest payment calculation, discount amortization on a straight line method, and related journal entries. Th...
Treasury stock issuance and sale, defining treasuring stock & recording related journal entries to trail balance accounts The post 1300.20 T...
Partnership, new partner added – related journal entries an impact on existing partner capital accounts. The post 1200.40 Partnership-New Pa...
Partners leaving a partnership selling interest to new partner or to partnership, related journal entries, and effect on partner capital acc...
Partnership net income allocation to partners & closing process for a a partnership, closing net income to partner capital accounts and draw...
Depreciation calculation-straight line method, double declining balance method, units of production method-journal entries to trial balance...
Allowance Method used to estimate account receivable balance not collectible, journalize bad debt expense and record allowance for doubtful...
Bank reconciliation, using bank statement to generate bank reconciliation and journal entry adjustments needed in the process. The post 800....
Subsidiary ledgers for accounts receivable and accounts payable recording activity by costumer and vendor rather then date done on the gener...
Inventory methods, Fist in first out (FIFO), Last in last out, (LIFO), and average calculation and comparison.v The post 600.30 Inventory Me...
Merchandising financial statements including multiple step income statement and accounts related to inventory. The post 500.30 Merchandising...
Merchandising transactions adding transactions related to inventory and accounts related to inventory, cost of good sold (COGS), sales disco...
Closing entries journal entries to close out temporary accounts, including all income statement account, to equity accounts. The post 400.10...
Adjusting entry transaction, journal entries at the end of the accounting period to adjust account to accrual basis as of the date of financ...
Adjusting entries as of the end of a period, needed to put trail balance on accrual bases as of the date financial statement well be prepare...
Recording normal business transactions related to cash, accounts receivable, and accounts payable, using debits and credit, discussing the e...
Audit reports including standard unqualified report and variations including qualified report The post 56805 – Audit Reports, Audit Completi...
Audit of cash and financial investments including cash equivalents, stocks, and bonds The post 56605-Audit- Cash & Financial Investments app...
Audit of long term liabilities, Stockholder’s Equity, and the income statement including internal controls and substantive tests The post 56...
Audit of property plant & equipment, prepaid assets, and intangible assets including internal controls and substantive tests The post 56405...
Audit of inventory including controls and substantive testing The post 56305 – Auditing The Inventory Process appeared first on Accounting I...
Audit of the payroll process including internal controls and duties to be segregated. The post 56205 – Audit – Payroll Process appeared firs...
Auditing the purchasing process including accounts payable and expenses, assets, and inventory related to the purchasing process. The post 5...
Audit testing of revenue process. The post 56005 – Auditing – Revenue Process appeared first on Accounting Instruction, Help, & How To (Fina...
Audit sampling is necessary because we cannot test all transaction in the audit process and must use sampling in order to make a determinati...
Internals are a critical part of the audit process and a critical part of the running of an organization. The post 55605 – Audit – Internal...
Explain the function of audit evidence, describe management assertions about transactions, account balances and disclosures, list procedures...
Audit risk assessment includes, analyzing what audit risk is, audit risk assessment process, analysis of how to act on audit risk results, &...
Audit planning stage – list steps involved int the preliminary engagement, explain information included in and engagement letter, explain th...
Audit environment – Types of auditory, list attest and assurance services, describe the organizational structure of an accounting firm, and...
Auditing 101 introduction; audit defined, attestation defined, assurance services defined. Explanation on why audits are important, outline...