Streaming Video

Personal License

English

Unlimited $89.00

This item contains several different items. Purchasing this item includes all of the component items listed below.

About

54 modules. A complete course. Financial accounting theory, principles, and procedures. Application of theory and practice to the accounting cycle and to systems design. Introduction to the preparation, use, and analysis of financial statements of a sole proprietor, partnership, and corporation to make effective business decisions.
Categories
College Level Academic Courses
Financial Accounting
Release Date
Jan 1, 1996
Video Running Time (minutes)
2430:00
Producer
Palomar College
Course ID
FAC-00

Component Items

This is a compilation item which contains other items. Licensing this one item causes all of the following items to be licensed.

01 Orientation: Introduction to accounting
Introduction to accounting
DVD style course with completion certificate only
02 Introduction, Section 1 - Session 1
We will illustrate the effect of financial transactions on the accounting equation, and describe how to prepare financial statement. We will use the demonstration problem, Ray's Photography, presented in the Student Resource Manual.
DVD style course with completion certificate only
03 Transactions, Section 1 - Session 2
We will do homework, Problem # 1, Elizabeth Bordon, M.D., Section #1, Session #2 from your Student Resource Manual.
DVD style course with completion certificate only
04 Statements, Section 1 - Session 3
We will review homework problem #1 in your Student Resource Manual, Jim Beau, Architect. Also, do questions 1-8 from your Student Resource Manual. No workpapers are provided for these questions, just use scarp paper.
DVD style course with completion certificate only
05 Journals, Section 2 - Session 1
We will illustrate the rules of debit/credit, and introduce journals, posting ledgers, chart of accounts and the trial balance. We will use demonstration problem #1 in your Student Resource Manual, Ray's Photography.
DVD style course with completion certificate only
06 Posting, Section 2 - Session 2
We will review homework program #1, Section II ' Session 2, Laura Palmer ' Twin Peeks, from your Student Resource Manual. Workpapers are provided in the Student Resource Manual.
DVD style course with completion certificate only
07 Ledgers, Section 2 - Session 3
We will review homework exercises 1-6 from your Student Resource Manual. Workpapers are provided in the Student Resource manual.
DVD style course with completion certificate only
08 Adjusting Accounts, Section 3 -Session 1
We will discuss business year ends and why adjustments to the trial balance are necessary. Examples of the five types of adjustments will be analyzed. We will also discuss and illustrate the adjusted trial balance.
DVD style course with completion certificate only
09 Adjusting Accounts continued, Section 3 - Session 2
We will review the homework problem and exercise for this session from the Student Resource Manual.
DVD style course with completion certificate only
10 Adjusting Accounts continued, Section 3 - Session 3
We will review the homework for this session and also review Chapter 3.
DVD style course with completion certificate only
11 Worksheet, Section 4 - Session 1
We will illustrate the completed worksheet and classified financial statements. We will journalize the adjusting journal entries. We will illustrate and describe the four closing entries and the post closing trial balance. We will use demonstration Problem #1, Hana Tours, Session #1, in your Student... read more
DVD style course with completion certificate only
12 Statements, Section 4 - Session 2
We will review homework problem #1, Erica Kane's marriage counseling.
DVD style course with completion certificate only
13 Adjust and Close, Section 4 - Session 3
We will review homework problem #2, Phil Dyrt, Excavation, and exercises 1 & 2.
DVD style course with completion certificate only
14 Accounting & Merchandising, Section 5 - Session 1
Introduction of new accounts and journal entries that a merchandiser would use to buy and sell merchandise for cash and on account. We will also discuss the concept of cost of goods sold and how to calculate net sales and cost of merchandise inventory purchased. Use Demonstration Problems for Sessio... read more
DVD style course with completion certificate only
15 Accounting & Merchandising continued, Section 5 - Session 2
We will review the homework exercises for this session.
DVD style course with completion certificate only
16 Accounting & Merchandising continued, Section 5 - Session 3
We will review the homework exercises for this session.
DVD style course with completion certificate only
17 Systems - Internal Controls - Special Journals, Section 6 - Session 1
We will learn the principles for designing an accounting system, as well as the principles of internal control. The concept internal control will be illustrated using a purchasing/sales system. We will become familiar with the "Current Operating" transactions of a merchandiser and illustrate into wh... read more
DVD style course with completion certificate only
18 Systems - Internal Controls - Special Journals continued, Section 6 -Session 2
We will review the homework problems and exercises for this session.
DVD style course with completion certificate only
19 Cash - Control, Section 7 - Session 1
In this session, we will learn the principles of internal control over cash management. We will define cash and describe its balance sheet presentation and valuation. We will also describe the purpose of the bank reconciliation and illustrate its preparation. Use the demonstration handouts for inter... read more
DVD style course with completion certificate only
20 Cash - Control continued, Section 7 - Session 2
We will review the homework problem, Miami Vise. We will also describe and illustrate how to account for petty cash, and cash over/short.
DVD style course with completion certificate only
21 Cash - Control continued, Section 7 - Session 3
We will review the homework problem, Two Much Company, and the exercises assigned for this session. We will also describe and illustrate the use of the voucher system for better control over cash disbursements, and how to account for purchase discounts.
DVD style course with completion certificate only
22 Receivables - Temporary Investments, Section 8 - Session 1
In this session we will define receivables and describe their valuation and balance sheet presentation. We will also describe and illustrate the direct write-off and allowance methods for recording uncollectible receivables. We will also describe and illustrate two methods of estimating uncollectibl... read more
DVD style course with completion certificate only
23 Receivables - Temporary Investments continued, Section 8 - Session 2
We will review the homework exercises and problems in your Student Resource Manual. We will discuss and illustrate notes receivables, their differences from an account receivable, their terms, and accounting for the receipt of a note and its payment, or its default/dishonor.
DVD style course with completion certificate only
24 Receivables - Temporary Investments continued, Section 8 - Session 3
We will review the homework exercises and problems in your Student Resource Manual. The theory valuation and accounting for temporary securities will be discussed and illustrated.
DVD style course with completion certificate only
25 Receivables - Temporary Investments continued, Section 8 - Session 4
We will review the homework exercises and problems for this session. We will also discuss the internal controls necessary to account for receivables.
DVD style course with completion certificate only
26 Inventory - Pricing and Control, Section 9 - Session 1
In this session we will define inventory and describe its balance sheet presentation. We will describe and contrast the periodic and perpetual methods of accounting for inventory. The process and importance, of determining the value of ending inventory will be described and illustrated using the fir... read more
DVD style course with completion certificate only
27 Inventory - Pricing and Control continued, Section 9 - Session 2
We will review the homework problems and exercises. We will also illustrate the effect on the income statement and cash flow when different methods are used to calculate the value of ending inventory.
DVD style course with completion certificate only
28 Inventory - Pricing and Control continued, Section 9 - Session 3
We will review the homework problems and exercises. We will also describe and illustrate the two methods of estimating the value of ending inventory, the gross profit and retail methods.
DVD style course with completion certificate only
29 Inventory - Pricing and Control continued, Section 9 - Session 4
We will review the homework problems and exercises. We will also discuss and describe the principles of inventory control.
DVD style course with completion certificate only
30 Intangible assets - Natural Assets, Section 10 - Session 1
In this session, we will learn how to define and account for plant assets. The accounting includes how to calculate the acquisition cost; the theory of depreciation, and how to calculate the depreciation amount to be used with the following methods: straight line, units of production, and the declin... read more
DVD style course with completion certificate only
31 Intangible assets - Natural Assets continued, Section 10 - Session 2
We will review homework exercises 1-4 for this session. We will then discuss a plant asset's costs subsequent to the original acquisition; capital vs. revenue expenditure, add disposal of plant assets by discarding, selling, and trading in.
DVD style course with completion certificate only
32 Intangible assets - Natural Assets continued, Section 10 - Session 3
We will review homework exercises 1-4. We will then discuss the definition and accounting for intangible assets such as patents, copyrights, leases holds, goodwill, and lease hold improvements.
DVD style course with completion certificate only
33 Intangible assets - Natural Assets continued, Section 10 - Session 4
We will review exercises 1-5 and then discuss the internal control and balance sheet presentation of leases and plant assets.
DVD style course with completion certificate only
34 Current Liabilities - Payroll System, Section 11 - Session 1
In this session, we will define and list the types of current liabilities. We will also describe and illustrate payroll calculations, deductions, systems and internal control. The theory and accounting for pension plans, fringe benefits, and warranty expense will be described and illustrated.
DVD style course with completion certificate only
35 Current Liabilities - Payroll System continued, Section 11 - Session 2
We will review the homework exercises and problem for this session. We will also describe and illustrate the theory and accounting for short-term notes payable and contingent liabilities. Use the notes for Session 2.
DVD style course with completion certificate only
36 Current Liabilities - Payroll System continued, Section 11 - Session 3
We will review the homework exercises and problem for Session 3.
DVD style course with completion certificate only
37 Partnerships Goals and Objections, Session 12 - Session 1
In this session we define what a partnership is, list its characteristics, and contrast then to a sole proprietorship. We will also illustrate the accounting for opening the partnership books, and dividing its net income or loss.
DVD style course with completion certificate only
38 Partnerships, Goals and Objections continued, Section 12 - Session 2
We will review homework exercises 1-3, and then discuss the accounting for admitting a new partner, and liquidating a partnership.
DVD style course with completion certificate only
39 Partnerships. Goals and Objections continued, Section 12 - Session 3
We will review homework problems 1 and 2.
DVD style course with completion certificate only
40 Corporations, Section 13 - Session 1
In this session we define what a corporation is, list its characteristics and contrast them to a sole proprietorship and partnership. We define and explain the owner's equity of a corporation called stock holder's equity ' and explain the effects of transactions on its two major subsections ' paid i... read more
DVD style course with completion certificate only
41 Corporations continued, Section 13 - Session 2
We review homework exercises 1-3 and introduce cash dividends, stock dividends, stock splits, earnings per share, and how to account for them.
DVD style course with completion certificate only
42 Corporations continued, Section 13 - Session 3
We will review exercises 1-3 and explain the concepts of retained earnings, appropriated retained earnings, prior period adjustments, and stock holders equity per share.
DVD style course with completion certificate only
43 Corporations continued, Section 13 - Session 4
We will review exercises 1-6 and explain corporate income taxes and how to account for them, and unusual items on the income statement including a change from one accounting principle to another, extraordinary gains or losses, and the results of discontinued operations.
DVD style course with completion certificate only
44 Corporations continued, Section 13 - Session 5
We will review homework exercises 1-6.
DVD style course with completion certificate only
45 Corporations continued, Section 13 - Session 6
We will review homework problem number 1.
DVD style course with completion certificate only
46 Bonds, Section 14 - Session 1
In this session we introduce and discuss the main methods to finance a corporation and each method's advantages and disadvantages.
DVD style course with completion certificate only
47 Bonds continued, Section 14 - Session 2
We will review homework exercises 1-4 and explain the concept of present valued of lump sum and an amenity.
DVD style course with completion certificate only
48 Bonds continued, Section 14 - Session 3
We will review homework exercises 1-4.
DVD style course with completion certificate only
49 Cash Flow Statement, Section 15 - Session 1
To be able to explain the purposes of the statement of cash flows. To be able to describe the information reported in the statement of cash flows, including the major classification of cash into operating, investing, and financing activities.
DVD style course with completion certificate only
50 Cash Flow Statement continued, Section 15 - Session 2
To be able to prepare a cash flow statement using the indirect method and to understand the usefulness of this statement.
DVD style course with completion certificate only
51 Cash Flow Statement continued, Section 15 - Session 3
To master the preparation of the cash flow statement.
DVD style course with completion certificate only
52 Section 16 - Session 1
DVD style course with completion certificate only
53 Section 16 - Session 2
DVD style course with completion certificate only
54 Section 16 - Session 3
DVD style course with completion certificate only