Accounting Instruction, Help, & How To - Bob Steele-logo

Accounting Instruction, Help, & How To - Bob Steele

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Goal: One stop location to find accounting information, help, and training. Differentiation – 1) Large comprehensive selection of topics including financial accounting, managerial accounting, tax, and small business tips. 2) Use of trial balance and chart of accounts including an explanation to understand more concepts as they relate to the accounting process as a whole, including the double entry accounting system, the chart of accounts, and debits and credits. Many books and resources focus on very limited aspects of a topic leaving us with little understanding of how it fits into the double entry accounting system, how it relates to debits and credits, and how it would be journalized to a trial balance. We make an effort to show these accounting relationships. Learning Philosophy – Accounting is learned best by doing. Much of accounting should be learned with the use of electronic spreadsheets such as Excel or Google Sheets. Learning accounting is also the best way to learn how to use electronic spreadsheets. These are not 2 separate activities to be learned in isolation from each other, but rather they should be learned at the same time, so open up Excel or sign up to a free Google Sheets account and let’s work some problems. Objectives: • Provide learning resources to any user including accounting students, users who work in an accounting department or firm, or anybody who wants to learn more about accounting, and or, Excel • Allow users to locate what they need in a quick and easy way • Provide example problems which break down concepts into learnable parts • Provide example problems that explain the use of electronic spreadsheets like Excel so that users can learn how to use these applications within a practical context • Provide lectures that discuss accounting topics • Provide reading material to explain accounting topics

Goal: One stop location to find accounting information, help, and training. Differentiation – 1) Large comprehensive selection of topics including financial accounting, managerial accounting, tax, and small business tips. 2) Use of trial balance and chart of accounts including an explanation to understand more concepts as they relate to the accounting process as a whole, including the double entry accounting system, the chart of accounts, and debits and credits. Many books and resources focus on very limited aspects of a topic leaving us with little understanding of how it fits into the double entry accounting system, how it relates to debits and credits, and how it would be journalized to a trial balance. We make an effort to show these accounting relationships. Learning Philosophy – Accounting is learned best by doing. Much of accounting should be learned with the use of electronic spreadsheets such as Excel or Google Sheets. Learning accounting is also the best way to learn how to use electronic spreadsheets. These are not 2 separate activities to be learned in isolation from each other, but rather they should be learned at the same time, so open up Excel or sign up to a free Google Sheets account and let’s work some problems. Objectives: • Provide learning resources to any user including accounting students, users who work in an accounting department or firm, or anybody who wants to learn more about accounting, and or, Excel • Allow users to locate what they need in a quick and easy way • Provide example problems which break down concepts into learnable parts • Provide example problems that explain the use of electronic spreadsheets like Excel so that users can learn how to use these applications within a practical context • Provide lectures that discuss accounting topics • Provide reading material to explain accounting topics
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Location:

United States

Description:

Goal: One stop location to find accounting information, help, and training. Differentiation – 1) Large comprehensive selection of topics including financial accounting, managerial accounting, tax, and small business tips. 2) Use of trial balance and chart of accounts including an explanation to understand more concepts as they relate to the accounting process as a whole, including the double entry accounting system, the chart of accounts, and debits and credits. Many books and resources focus on very limited aspects of a topic leaving us with little understanding of how it fits into the double entry accounting system, how it relates to debits and credits, and how it would be journalized to a trial balance. We make an effort to show these accounting relationships. Learning Philosophy – Accounting is learned best by doing. Much of accounting should be learned with the use of electronic spreadsheets such as Excel or Google Sheets. Learning accounting is also the best way to learn how to use electronic spreadsheets. These are not 2 separate activities to be learned in isolation from each other, but rather they should be learned at the same time, so open up Excel or sign up to a free Google Sheets account and let’s work some problems. Objectives: • Provide learning resources to any user including accounting students, users who work in an accounting department or firm, or anybody who wants to learn more about accounting, and or, Excel • Allow users to locate what they need in a quick and easy way • Provide example problems which break down concepts into learnable parts • Provide example problems that explain the use of electronic spreadsheets like Excel so that users can learn how to use these applications within a practical context • Provide lectures that discuss accounting topics • Provide reading material to explain accounting topics

Language:

English


Episodes

55405 Audit Risk Assessment

8/29/2016
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Audit risk assessment includes, analyzing what audit risk is, audit risk assessment process, analysis of how to act on audit risk results, & documentation of audit risk assessment. The post 55405 Audit Risk Assessment appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:25:36

55305-Audit Planning Stage

8/24/2016
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Audit planning stage – list steps involved int the preliminary engagement, explain information included in and engagement letter, explain the steps in planning an audit, describe immateriality & it’s importance. The post 55305-Audit Planning Stage appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:37:38

55205 – Audit Environment

8/24/2016
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Audit environment – Types of auditory, list attest and assurance services, describe the organizational structure of an accounting firm, and explain the need for audit standards. The post 55205 – Audit Environment appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:21:18

55005-Auditing, Attest, & Assurance

8/22/2016
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Auditing 101 introduction; audit defined, attestation defined, assurance services defined. Explanation on why audits are important, outline of the audit process. The post 55005-Auditing, Attest, & Assurance appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:23:00

2500.4 – Managerial Decisions, Relevant Cost, Sunk Cost, Opportunity Cost

8/19/2016
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Managerial accounting situation designed to highlight common problems in managerial decisions and formal process to make decisions. Included discussion of relevant costs and benefits. Scenarios include accepting additional business or a special offer, decision to make or buy, decision to scrap or rework, decision to sell or process further, decision about sales mix, and decision […] The post 2500.4 – Managerial Decisions, Relevant Cost, Sunk Cost, Opportunity Cost appeared first on...

Duration:00:28:07

2500.1 Payback Period, Accounting Rate Of Return, Net Present Value, Internal Rate Of Return

8/18/2016
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Capital investments in long term assets like fixed assets, equipment, and building need to be analyzed on more detail using tools like the payback period, accounting rate of return, net present value, and internal rate of return. The post 2500.1 Payback Period, Accounting Rate Of Return, Net Present Value, Internal Rate Of Return appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:26:14

100.15 Account Receivable (AR) & Accounts Payable (AP) Transactions – Accounting Equation

8/12/2016
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Recording transaction by cycle using the accounting equation for accounts receivable and accounts payable. These are common transactions that will be the same for most any company, large, small, service, merchandiser, sole proprietor, partnership, or corporation. The post 100.15 Account Receivable (AR) & Accounts Payable (AP) Transactions – Accounting Equation appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:25:55

100.12 Cash Transactions – Accounting Equation

8/11/2016
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We record transactions involving cash using the double entry accounting system and the accounting equation. These transactions are the same for all types of organizations from sole proprietors, to partnerships, to corporations, to service companies, and to merchandising companies. The post 100.12 Cash Transactions – Accounting Equation appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:17:22

100.10 – Accounting Objectives, Assumptions, And Principles

8/11/2016
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Accounting objectives, assumption, and principles are the rules that govern the accounting process. Discussion will include the measurement principle, revenue recognition principle, matching principle, full disclosure principle, going concern assumption, monetary unit assumption, business entity assumption The post 100.10 – Accounting Objectives, Assumptions, And Principles appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:24:05

100.8 – Ethics, Profession, & Fraud

8/10/2016
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Ethics, profession, Fraud, and internal controls are related topics that we will touch on here and are also very large topic in themselves. We will talk about ethics as it relates to the profession of accounting, both financial accounting and managerial accounting. Ethics is a subject that has been student as far back as we […] The post 100.8 – Ethics, Profession, & Fraud appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:23:03

2300 – Cost Variance Analysis, Flexible Budgets, & Standard Costs

8/9/2016
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Flexible Budgets help to measure performance in an accounting and business system, comparing actual results to budgeted or standard amounts to increase accountability using variable costs and fixed costs. The post 2300 – Cost Variance Analysis, Flexible Budgets, & Standard Costs appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:20:47

2200-Master Budget

8/8/2016
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Budgets and the budgeting process is part of planning and has impact on planning and performance of all areas of an organization The post 2200-Master Budget appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:24:01

2100-Cost Accounting Cost Volume Profit Analysis

8/7/2016
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Cost volume profit analysis is a form of cost accounting or managerial accounting, the idea being to break costs down by their behavior of variable costs and fixed costs, using this to create a contribution margin income statement, a much more flexible tool for projections The post 2100-Cost Accounting Cost Volume Profit Analysis appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:19:07

100.6 Accounting Building Blocks (Debit, Credits, Financial Statements)

8/7/2016
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Financial accounting includes fundamental building blocks. These accounting building blocks include the concepts of double entry accounting and debits and credits. This lecture will cover these fundamental financial accounting building blocks of debits and credits and follow the process to the creation of the financial statements. This is an accounting lecture that can be revisited […] The post 100.6 Accounting Building Blocks (Debit, Credits, Financial Statements) appeared first on...

Duration:00:23:28

100.2 Why Learn Accounting

8/7/2016
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Financial accounting, like any topic often starts off with question like, why learn financial accounting. Accounting has many benefits both in the accounting department and outside the accounting department. This lecture will touch on what accounting is, why accounting is useful, how financial accounting may be useful to you. The post 100.2 Why Learn Accounting appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Duration:00:18:24