Liabilities
Learn by examples comparing current liabilities, notes payable and bonds, then practice to develop your skills.
- Overview of Key Issues and Terminology of Liabilities
- Current Liabilities
- Notes Payable
- Issuing Bonds Payable
- Bonds Amortization - Straight Line & Effective Interest
- Reporting Liabilities, Liquidity and Solvency Ratios
Owner's Equity
Learn a firm foundation of terms and concepts as the basis for a concise three pages for all the transactions before your practice.
- Overview of Key Issues and Terminology of Owner's Equity
- Corporations and Other Forms of Ownership
- Issuing (Selling) Stock
- Treasury (Repurchasing) Stock
- Cash Dividends - Returning Profits to Owners
- Stock Dividends and Stock Splits
- Balance Sheet and Investor Ratios
Statement of Cash Flows
Rapidly and thoroughly learn the final financial statement the Groundbreaking Practical Way Explaining the indirect and direct method.
- Overview of Key Issues and Terminology of the Statement of Cash Flows
- Practical T Method of Cash Inflows and Outflows
- Sections of the Statement of Cash Flows
- Preparing the SCF with the Indirect Method
- Interactive Cash Flow Model
Financial Statement Analysis
Learn Why Ratios are used while comparing two Companies, Slug versus Star, to understand the How behind the formulas
- Overview of Key Issues and Terminology of Financial Statement Analysis
- Vertical Analysis and Margin Ratios on the Income Statement
- Horizontal Analysis - Trend over Prior Year
- Asset Management - Accounts Rec., Inventory, Total Asset Productivity
- Liquidity Ratios - Working Capital and Acid Test
- Solvency Ratios - Long-Term Survival - Debt to Assets and Times Int. Earned
- Investor Ratios - EPS, Dividend Payout, ROE, Dividend Yield and PE