Advanced Financial Accounting | Udemy

Advanced Financial Accounting

Advanced Financial Accounting | Udemy For tow days completely 100% Free during everything you want to Learn advanced financial accounting from a practicing Certified Public Accountant (CPA)

This course is written by the very popular author from Udemy Robert (Bob) Steele The most recent Last updated 12/2020. The language of this course is English, but also have sub-titles (captions) in English [US] languages to better understand. This course is shared under the categories Finance & Accounting, Accounting & Bookkeeping, Financial Accounting

More than 44,395 students had already enrolled. in the Advanced Financial Accounting | Udemy Which makes it one of the more popular courses on Udemy. You can free coupon Code the course from the registration link below. It has a rating of 4.5 given by  (200 ratings), which also makes it one of the highest rated courses at Udemy. 

The Udemy Advanced Financial Accounting free coupons also 68 hours on demand video, 1 articles, 138 downloadable, resources, full lifetime, access on mobile and television, assignments, completion certificate and many more.

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Is this course right for you Financial Accounting?

If you are wondering what you will learn or what things this best Udemy courses  will teach you after getting courses Udemy free coupon. Learn Advanced Financial Accounting | Udemy: Okay, here are a few things.

• Accounting Students
• Accounting Professionals
• Financial Accounting

Requirements Course Financial Accounting:

1. Should have an understanding of financial Accounting concepts

Description Course Financial Accounting:

Advanced financial accounting will focus heavily on intercorporate acquisitions and investments in other entities.

Why learn advanced Financial Accounting?

Even if we do not work in an area that applies advanced accounting concepts directly, learning them is very useful, because it refines our skills on the understanding of double-entry accounting, its concepts, and practical application.

Advanced financial accounting is also a standardized topic often found on exams like the CPA exam.

This course will break down the complex concepts in advance financial accounting in a way we can easily grasp. How?

We will break down the very large concepts covered into digestible parts. We will organize those parts in a way in which they build on one another logically, allowing us to develop our knowledge in a systematic, practical, and efficient way.

We will approach each new section from a variety of angles, including:

• PowerPoint presentations discussing the latest concepts in a discussion format
• Practice problem demonstrations using video recordings taken of presentations created using OneNote
• Excel problems we will demonstrate in a step by step process

Learners will have access to the PowerPoint presentations in PDF format. They will also have access to an outline of the resources in OneNote.

Learners will have downloadable Excel files, each having at least two tabs, one with the answer, one with a preformatted Excel worksheet learners can use to work through the problem in a step by step approach.

We also do our best to add a trial balance and show the big picture as we learn new concepts, a step often missed in many classes. In other words, by the time we get to advanced financial accounting, many instructors expect us to be able to visualize everything that has been learned up to this point, and only show the new concepts. In reality, even seasoned professionals will have a difficult time imagining all the complexities that can go on in a consolidation without the help of supporting tools like a trial balance to work with.

We will show the trail balance, show each journal entry in our practice problem, and post each entry to a worksheet so we can see the results as we go. No guessing where a number came from in this course.

While learning consolidation, we will start with easier problems where the subsidiary is 100% owned by the parent company.

We will then add differentials between the fair value and book value at the point of purchase.

The course will move to conciliation where the subsidiary is not 100% owned, resulting in us accounting for the noncontrolling interest.

We will add intercompany transfers such as upstream (subsidiary to parent) and downstream (parent to subsidiary) sales of equipment and inventory.

Learners will learn how to account for intercompany transactions related to debt, bonds, and interest.

What I am going to learn Financial Accounting?

• How to apply different accounting methods based on levels of control
• How to account for acquisitions and investments
• Work comprehensive acquisition problems in Excel
• Work consolidations when the subsidiary is 100% owned
• Work consolidations when the subsidiary is not 100% owned and there is a noncontrolling interest
• Work consolidations when the fair value of assets and liabilities at the date of acquisition differs from the book value resulting in a differential
• Work consolidations where there are intercompany transfers such as upstream (subsidiary to parent) and downstream (parent to subsidiary) sales of equipment and inventory.
• Work consolidations where there are intercompany transactions related to debt, bonds, and interest.

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