Lesson 1 The window of enterprise
Lesson 2 Introduction to the financial statements
Covers the basics of the Balance Sheet, the Income Statement, and the Statement of Cash Flows.
Lesson 3 Accounting definitions
Defines Assets, Liabilities, Owners´ Equity, Expenses, and Revenue.
Lesson 4 Accounting concepts
Entity Concept, Going-Concern Concept, stable Monetary Concept, and Time-Period Concept.
Lesson 5 Accounting principles
Covers the Objectivity, Cost, Revenue Recognition, Matching, Consistency, and Disclosure Principles.
Lesson 6 Introduction to the balance sheet
Lesson 7 Assets overview
Lesson 8 Current assets: cash and trade accounts receivable
Takes a closer look at Cash and Trade Accounts Receivable
Lesson 9 Current assets: inventory and prepaid expenses
Covers Inventory, Inventory Valuation and Prepaid Expenses.
Lesson 10 Non-current assets
Presents the following non-current assets: Property, Plant and Equipment, Accumulated Depreciation, Depreciation Methods, Other Assets, and Intangible Assets.
Lesson 11 Liabilities overview
Defines the two classifications of liabilities: Current Liabilities and Long-term Liabilities.
Lesson 12 Current liabilities
Reviews the Current Liabilities section of the Balance Sheet: Accounts Payable - Trade, Accrued Expenses, Income Taxes Payable, Notes Payable - Short-Term, Current Maturities - Long-Term Debt.
Lesson 13 Long-term liabilities
Examines Deferred Taxes and Long-Term Debt, Net.
Lesson 14 Stockholders’ equity
Discusses the Stockholders´ Equity section of the Balance Sheet: Common Stock, Additional Paid-In Capital, Retained Earnings, Preferred Stock, and Treasury Stock.
Lesson 16 Business cycles part 1
Details the activities of the first two business cycles and their impact on the Balance Sheet and the Income Statement: the Investing and Financing Cycle and the Expenditure Cycle.
Lesson 17 Business cycles part 2
Reviews the activities of the last two business cycles and their impact on the Balance Sheet and the Income Statement: Conversion Cycle and Revenue Cycle.
Lesson 19 Operating activities (indirect and direct method)
Covers the Operating Activities section of the Statement of Cash Flows. Shows how to analyze the Operating Activities section using the Direct and the Indirect methods.
Lesson 20 Investing activities
Details the transactions that are included in the Cash Flows from Investing Activities section of the Statement of Cash Flows.
Lesson 21 Financing activities (supplemental disclosures, non-cash investing and financing)