The Premium Accounting & CPA Certification Training Bundle

This partnership course will focus on the accounting issues that are different in a partnership as compared to other types of entities like a sole proprietorship or corporations. It defines what a partnership is and comparing the characteristics of a partnership with other business entities. The course will discuss the process for setting up a new partnership, typically starting with the partners contributing capital to the partnership, requiring us to record the contribution and the capital accounts. It will also cover the processes in a partnership, from formation up to liquidation or closing process.

• Access 19 lectures & 4 hours of content 24/7
• Know what a partnership is & compare the characteristics of a partnership with other business entities
• Learn the process of setting up a new partnership, starting with contributing capital
• Understand the allocation of net income to the partners
• Walk through the recording process of partnership draws
• Learn about the partnership liquidation or closing process

This course will concentrate on nongovernmental not-for-profit organizations. However, it will also discuss the differences between the nongovernmental not-for-profit organizations and governmental not-for-profit organizations. It will also discuss accounting concepts for both governmental and nongovernmental organizations related to health care and colleges. You'll learn what a not-for-profit org is and cover regulation, taxation, and performance issues. You will then get into the details of accounting as well as the recording of transactions. The course will present example problems and will then provide practice Excel worksheets and step-by-step instructional videos so learners can apply what they have learned.

• Access 169 lectures & 19 hours of content 24/7
• Know what a not-for-profit organization is
• Learn the difference between a governmental not-for-profit & nongovernmental not-for-profit
• Learn regulations, taxation, & performance issues related to not-for-profit organizations
• Record accounting transactions with example problems & step-by-step videos
• Understand accounting for health care, colleges, universities, & other not-for-profit organizations

Governmental Accounting 100 will discuss the governmental accounting objectives and reporting requirements, comparing them to for-profit entities. The course will assume you are familiar with for-profit accounting and will, therefore, focus on the areas of governmental accounting that are different, although you will continue to work with core concepts like the double-entry accounting system. The course will explain and analyze governmental operating statement accounts & budgetary accounts. Learners and the instructor will record transactions for encumbrances, expenditures, & delinquent receivables. You will also learn tax anticipation notes, subsidiary ledgers, and a lot more.

• Access 34 lectures & 5 hours of content 24/7
• Learn the governmental accounting objectives & reporting requirements
• Focus on governmental accounting including fund accounting financial transactions
• Examine state & local governmental accounting principles and financial reporting
• Record transactions for budgetary accounts & encumbrances
• Analyze governmental operating statement accounts & budgetary accounts
• Learn about tax anticipation notes & how they will be recorded under a modified accrual method
• Explore many examples of the closing process, closing out temporary accounts
• Create subsidiary ledgers related to revenue, estimated revenue, appropriations, encumbrances, & expenditures

Managers often need to make decisions that are not routine, not part of the normal day-to-day process, and that can have a long-term effect on the organization. Although the specifics of each decision differ, the concept of relevant costs helps us put together a process for gathering and analyzing data, picking up the information that matters, and removing all the excess data that does not matter to our decision. Understanding relevant costs will reduce the likelihood of making incorrect decisions based on a sunk cost effect or not taking into account opportunity costs. This course will help you analyze several managerial accounting questions and the decision-making process using relevant costs.

• Access 18 lectures & 2 hours of content 24/7
• Learn managerial accounting concepts
• Use relevant costs to make decisions
• Apply relevant costs to make a "make or buy" decision
• Apply relevant costs to make a "sales mix" decision
• Apply relevant costs to make a decision to eliminate a division or not
• Apply relevant costs to make a to purchase new equipment or not
• Apply relevant costs to make a to accept a special offer or not
• Set a unit sales price using cost data

The course will cover general managerial accounting concepts necessary to study responsibility accounting, comparing and contrasting managerial accounting and financial accounting. It will explain what a responsibility accounting system looks like and the benefits of a responsibility accounting system. The course will discuss the categorization of costs between direct costs and indirect costs and why this categorization between direct and indirect is useful for reporting financial data by department. It covers allocating indirect costs, departmental income statements, and more. You will also complete a comprehensive problem using preformatted Excel worksheets and step-by-step instructional videos.

• Access 23 lectures & 30 hours of content 24/7
• Understand managerial accounting concepts
• Learn about responsibility accounting system & how it can improve performance
• Define & apply direct and direct expenses
• Allocate indirect expenses using different activity basis
• Create a departmental income statement
• Put together a forecasted departmental income statement
• Calculate & interpret return on investment (ROI)

Master Budgets course will provide a managerial accounting overview, comparing managerial accounting and financial accounting, and providing essential managerial accounting tools we will need in the budgeting process. It will discuss methods of budget timing and the pros and cons of each technique. It will also cover the characteristics and functions of the budget committee, the components of a master budget, putting together a sales budget, and more. The course will discuss how to put together a factory overhead budget and will also walk through a step-by-step process using preformatted Excel worksheets for learners to follow along with.

• Access 19 lectures & 2 hours of content 24/7
• Learn about budget timing methods
• Know the characteristics & tasks of the budget committee
• Learn the order of operations for a master budget
• Construct a sales budget
• Build a production budget
• Make a materials budget
• Construct a direct labor budget
• Build a factory overhead budget
• Make a general & administrative budget
• Put together a cash budget
• Construct a budgeted cost of goods manufactured statement
• Build a cost of goods sold budget
• Make a budgeted income statement
• Make a budgeted balance sheet

This course will start out by introducing the primary CVP tool, a contribution margin income statement. The contribution margin income statement will give us an idea of where we are going as we then zoom into more detail going forward, focusing on the nuances of each step in the process. You will learn about mixed costs, why they are a problem, and different methods for dealing with them including a high low method and scatter diagram method. The course will explain the break-even point in units and revenue, one of the foundational concepts of cost volume profit analysis (CVP), and one many other concepts are built from. It will cover techniques to apply CVP analysis and a lot more.

• Access 25 lectures & 3 hours of content 24/7
• Use Cost Volume Profit Analysis (CVP)
• Learn managerial accounting & cost accounting concepts
• Categorize costs by behavior
• Prepare a contribution margin income statement
• Calculate contribution margin, unit contribution margin, & contribution margin ratio
• Calculate the break even point & the margin of safety
• Forecast using CVP
• Calculate operating leverage

The course introduces managerial accounting or cost accounting topics that apply to companies that manufacture using either a job cost system or a process cost system. The course will describe classifications for costs and the importance of being able to classify costs in different ways. The course will compare the two major systems used to track inventory costs in a manufacturing company, the job cost system, and the process costs system. It will also discuss when a company would use either a job cost system or a process cost system. The course will record the journal entries related to costs as they flow through the process cost system.

• Access 17 lectures & 2 hours of content 24/7
• Describe cost classifications and their importance.
• Explain the differences in financial statements for a manufacturing company versus a merchandising company.
• List the cost flow process for a manufacturing company.
• Compare a job cost system & process cost system and explain when each would be used.
• Describe the cost flows in a process cost system
• Explain the concept of overhead & how it is used in a process cost system
• Calculate the predetermined overhead rate.
• Allocate overhead to job using estimates.
• Calculate equivalent units of production
• Allocate costs using a First in First Out (FIFO) method
• Allocate costs using a weighted average method

The Job Order Costing System course will describe classifications for costs and the importance of being able to classify costs in different ways. You will learn about the two major systems used to track inventory costs in a manufacturing company, the job cost system, and the process costs system. It will also cover the flow of inventory costs, key documents, overhead, and more. The course will record the journal entries related to costs as they flow through the job cost system including journal entries for the transfer of raw materials to work in process and factory overhead, the incurrence of direct and indirect wages, and other overhead costs.

• Access 21 lectures & 3 hours of content 24/7
• Describe cost classifications & their importance
• Explain the differences in financial statements for a manufacturing company versus a merchandising company
• List the cost flow process for a manufacturing company
• Compare a job cost system and process cost system & explain when each would be used
• Describe the cost flows in a job cost system
• List & describe documents used in a job cost system
• Explain the concept of overhead & how it is used
• Calculate the predetermined overhead rate
• Allocate overhead to job using estimates
• Enter journal entries to record finished jobs & for the sale of jobs
• List & define key terms related to a job cost system

This course focuses on the statement of cash flows creation and analysis. It introduces the statement of cash flows and discusses its purpose and uses. Understanding how to create a statement of cash flows provides us with a much deeper understanding of accounting and how the financial statements are constructed. To build a statement of cash flows, you will use concepts of accrual accounting needed to create the balance sheet and income statement. You will apply your understanding of accrual concepts to analyze cash flows, creating a cash flow statement from accrual financial reports. The course will list and describe the components of the statement of cash flows including cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities.

• Access 24 lectures & 4 hours of content 24/7
• Explain what a statement of cash flows is
• List the component parts of a statement of cash flows
• Describe how a statement of cash flows is used
• List the steps to creating a statement of cash flows
• Build a statement of cash flows
• Create the cash flows from operating activities section using the indirect method
• Create the cash flows from operating activities section using the direct method
• Compare & contrast the direct method and indirect method
• List and describe non cash inventing & financing activities

This course will introduce the concept of bonds from a corporate perspective and explain how to record the issuance of bonds and notes payable. It will cover present value calculations in multiple formats. Present value calculations are often confusing to learners partially because the topic can be introduced in many ways. You will calculate the issue price of bonds and discuss why the issue price often differs from the par value or face amount of a bond. The course will cover the journal entry related to the retirement of a bond, both at maturity and before maturity. It will also discuss adjusting entries, notes payable, amortizing methods, and more.

• Access 23 lectures & 4 hours of content 24/7
• Record the issuance of bonds
• Record bonds issued at a premium
• Record bonds issued at a discount
• Present value (PV) Calculations using Formulas
• Present value (PV) Calculations using Tables
• Present value (PV) Calculations Excel
• Calculate bond issue price
• Record bond retirement
• Know the description of notes payable
• Create an amortization table
• Adjust entries for notes payable
• Record current & long term liabilities
• Know the types of bonds & bond characteristics
• Calculate the effective amortization method
• Explain what a capital lease & operating lease is
• Study a comprehensive accounting problem

Accounting for corporations will cover components of corporate accounting that are unique to corporations, elements of corporate accounting that differ from financial accounting for other business entities like a sole proprietorship or partnership. It will introduce the concept of a corporation, the characteristics of a corporation, and the reasons why we may choose a corporate form of entity. The corporate form of entity will be compared and contrasted with other business entity forms like a partnership and sole proprietorship. It will also cover financial transactions, dividends, stocks, and more concepts related to accounting for corporations.

• Access 16 lectures & 3 hours of content 24/7
• See the areas of accounting for corporations that differ in perspective with the areas that are the same
• Understand the concept of a corporation, its characteristics, & reasons why you may choose a corporate form of entity
• Discuss the financial transaction related to the issuing of stock
• Describe what dividends are
• Understand the concept of preferred stock
• Learn about treasury stock, statement of stockholders, & more

Do you want to learn the basics of accounting incredibly quickly? Do you want a professor that works the problems with you? Do you want an interactive and fun course? If yes, then this is the course for you. With this class, you'll learn the basics of accounting and you can complete it in only one hour! You will work on the provided handouts like you are sitting in the classroom. This is a proven technique that will help you absorb accounting concepts in a jiff.

• Access 17 lectures & 1 hour of content 24/7
• Hold their own when talking with Accountants at their job
• Understand the basics of accounting
• Create a simplified balance sheet
• Create a simplified income statement
• Know the difference between a debit & a credit
• Understand why cash is king
• Create journal entries
• Calculate the net income of a business
• Make T-Accounts

This accountancy course will help you develop the skills you'll need to pursue your ideal job. Accounting is a great way to get a foot in the door of a variety of jobs in a variety of industries. To advance your career, understand the essential accounting methods and concepts and get the core skills needed to become an efficient Accountant. You'll receive a comprehensive understanding of financial management best practices, complete with step-by-step training, whether you're a small business owner or an aspiring professional. You'll learn crucial accounting words and strategies that will help you stand out to potential employers while also allowing you to handle your finances effectively.

• Access 11 lectures & 1 hour of content 24/7
• Develop the skills you'll need to pursue your ideal job
• Understand the essential accounting methods & concepts
• Get the core skills needed to become an efficient accountant
• Understand financial management best practices
• Learn crucial accounting words & strategies

The Tax Accounting Course is the best way for you to gain deep insight and knowledge of this topic. You will learn from industry experts and obtain a professional certificate after completing the course. The lessons are specially designed to help you gain a good command of Tax Accounting, providing you with a solid foundation of knowledge to become a qualified professional. You will gain both a practical and theoretical understanding of Tax Accounting that will increase your employability in this field, help you stand out from the competition, and boost your earning potential in no time.

• Access 11 lectures & 2 hours of content 24/7
• Get a deep understanding of Tax Accounting in UK
• Familiarize yourself with the recent development & updates of the relevant industry
• Use your theoretical & practical knowledge to adapt in any working environment
• Increase your employability & stand out from competition

The Tax Accounting Canada course is designed to provide learners with a comprehensive understanding of the taxation system in Canada and how it operates. Focusing on business financials, you will learn how to do your own company accounting, complete a self-assessment tax return and carry out other fiscal responsibilities – with step-by-step guidance. By the end of this extensive training course, you’ll have an excellent understanding of taxation laws and rules in Canada, as well as a solid understanding of the rights of both employers and employees when it comes to taxation.

• Access 6 lectures & 1 hour of content 24/7
• Gain a comprehensive understanding of the Tax System & Administration in Canada
• Learn how to do your own company accounting, complete a self-assessment & more
• Know practical & theoretical knowledge on Canada's tax system
• Understand corporate tax calculation, changes ahead for accounting firms & a whole lot more