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Managerial & Financial Accounting & Reporting

  • Business Accounting (Book & Tax) - Explained
  • Debt to Income Ratio - Explained
  • Dividends - Explained
  • Days Inventory Outstanding - Explained
  • Days Payable Outstanding - Explained
  • Days Sales Outstanding - Explained
  • Debt Coverage Ratio - Explained
  • Double Entry Accounting System - Explained
  • Last-in-First-Out (LIFO) - Explained
  • Emerging Issues Task Force - Explained
  • Yellow Book (Auditing Standards) - Explained
  • Return on Assets - Explained
  • Recast Financial Statements - Explained
  • Capital Asset - Explained
  • Net Income - Explained
  • Nominal Rate of Return - Explained
  • Net Book Value - Explained
  • Net Cash Flow - Explained
  • Normalized Financial Statements - Explained
  • Cash and Accrual Method Accounting - Explained
  • Activity Based Costing (Accounting) - Explained
  • Accounts Receivable - Explained
  • Quick Ratio (Acid-Test Ratio) - Explained
  • Activity-Based Budgeting - Explained
  • Accounting Conservatism - Explained
  • Accounts Payable - Explained
  • Above the Line Costs - Explained
  • Asset Turnover Ratio - Explained
  • Associate of Chartered Institute of Management Accountants - Explained
  • Book Value (Assets) - Explained
  • Book-To-Market Ratio - Explained
  • Bank Reconciliation - Explained
  • Comfort Letter - Explained
  • Break-Even Analysis - Explained
  • Book to Bill Ratio - Explained
  • Backflush Costing - Explained
  • Capital Gain - Explained
  • Certified Public Accountant (CPA) - Explained
  • Certified Managerial Accountant (CMA) - Explained
  • Chart of Accounts - Explained
  • Charge Off - Explained
  • Carrying Cost of Inventory - Explained
  • Certified Internal Auditor - Explained
  • Generally Accepted Auditing Standards - Explained
  • Generally Recognized Accounting Practices - Explained
  • Accounting Journal - Explained
  • Journal Entry (Accounting) - Explained
  • International Accounting Standards Board - Explained
  • General Ledger - Explained
  • Life Cycle Costing - Explained
  • Independence Standard Board - Explained
  • Other Comprehensive Basis of Accounting (OCBOA) - Explained
  • International Accounting Standards Committee - Explained
  • Paid in Capital - Explained
  • Accelerated Cost Recovery System (ACRS) - Explained
  • Push Down Accounting - Explained
  • Public Company Accounting Oversight Board - Explained
  • Amortized Costs (Financial Assets) - Explained
  • Auditor's Report - Explained
  • Auditing Standards Board - Explained
  • Trailing Twelve Months - Explained
  • Transfer Price - Explained
  • Timing of Tests of Controls - Explained
  • Trial Balance - Explained
  • Pro Forma - Explained
  • Uniform Accounting Act - Explained
  • T Account - Explained
  • Capital Reserve - Explained
  • Cash Conversion Cycle - Explained
  • Cost of Goods Sold - Explained
  • Cash Flow - Explained
  • Generally Accepted Accounting Principles (GAAP) - Explained
  • Mark to Market - Explained
  • Financial Accounting Standards Board - Explained
  • First In - First Out (FIFO) - Explained
  • Profit Margin - Explained
  • International Financial Reporting Standards (IFRS) - Explained
  • Absorption Pricing - Explained
  • Book of Original Entry - Explained
  • Batch Level Allocation - Explained
  • Retained Earnings (Accounting) - Explained
  • Accumulated Fund - Explained
  • Adjusted Book Value - Explained
  • Accumulated Adjustment Account - Explained
  • National Association of Accountants - Explained
  • Accounting Standards Board - Explained
  • Accrual Principle - Explained
  • Imputed Value - Explained
  • Imputed Cost (Implicit Cost) - Explained
  • Impaired Asset - Explained
  • Financial Statement Footnotes - Explained
  • Fixed Asset - Explained
  • Additional Paid in Capital - Explained
  • Walk Through Test - Explained
  • Income Statement (P&L Statement) - Explained
  • Accountant's Letter (Opinion) - Explained
  • Debit vs Credit (Accounting) - Explained
  • Fair Value - Explained
  • Gain (Taxation) - Explained
  • General Depreciation System - Explained
  • Net Operating Income - Explained
  • Managerial Accounting - Explained
  • Certified Financial Statement - Explained
  • Certified Fraud Examiner - Explained
  • Write-Down Value - Explained
  • Operating Cash Flow Ratio (Cash Ratio) - Explained
  • Operating Income - Explained
  • American Institute of Public Accountants (AICPA) - Explained
  • Annual Report - Explained
  • Adjusted Gross Income - Explained
  • Gross Margin - Explained
  • Gross Profit - Explained
  • Residual Value - Explained
  • Contra Account - Explained
  • Contributed Capital - Explained
  • Balance Sheet - Explained
  • Shareholder's Equity - Explained
  • Working Ratio - Explained
  • Unpaid Dividend (Dividend Payable) - Explained
  • Account Receivable Turnover (Accounting) - Explained
  • Auditing - Explained
  • Common Size Financial Statement - Explained
  • Big Four (Accounting Firm) - Explained
  • Forensic Accounting - Explained
  • Current Liabilities - Explained
  • Financial Statement Analysis - Explained
  • Accrued Dividend (Accumulated Dividend) - Explained
  • Absorption Variance - Explained
  • Absorption Costing & Variable Costing - Explained
  • Accounting Standard - Explained
  • Accounting Theory - Explained
  • Accounting Valuation - Explained
  • Accounts Payable Subsidiary Ledger - Explained
  • Accounts Payable Turnover Ratio - Explained
  • Overhead - Explained
  • Long-Term Asset - Explained
  • Accounting Cycle - Explained
  • Accounting Profit - Explained
  • Accounting Equation - Explained
  • Equity Method vs Consolidation Method (Accounting) - Explained
  • Accounting Principles Board - Explained
  • Unit of Production Method (Depreciation) - Explained
  • Traveling Auditor - Explained
  • Unit Variable Cost - Explained
  • Accounts Receivable Subsidiary Ledger - Explained
  • Accounting Convention - Explained
  • Accounting Insolvency - Explained
  • Accounting Interpretation - Explained
  • Accountants' Index - Explained
  • Adjunct Account - Explained
  • Activity Driver Analysis - Explained
  • Accounting Research Bulletin - Explained
  • Accounting Series Releases - Explained
  • Academy of Accounting Historians - Explained
  • Absorbed Account - Explained
  • Nominal Value - Explained
  • Capital Appreciation - Explained
  • Straight Line Method (Depreciation) - Explained
  • Gross Income - Explained
  • Goodwill - Explained
  • Comptroller - Explained
  • Forensic Audit - Explained
  • Unrealized Gain - Explained
  • Unrealized Loss (Securities) - Explained
  • Useful Life (Asset) - Explained
  • Controller - Explained
  • Retained Cash Flow - Explained
  • Per Share Basis - Explained
  • Associate in Premium Auditing - Explained
  • Net Operating Loss - Explained
  • Liquidity (Accounting) - Explained
  • Liquidity Ratio - Explained
  • Fiscal Year - Explained
  • Completed Contract Method - Explained
  • Bad Debt and Doubtful Accounts - Explained
  • American Accounting Association - Explained
  • Qualified Opinion (Auditor) - Explained
  • Net Dollar Retention - Explained
  • Statement of Retained Earnings - Explained
  • Depreciation, Depletion, and Amortization - Explained
  • Diluted Earnings Per Share - Explained
  • Product vs Period Costs (Accounting) - Explained
  • Internal Controls (Accounting) - Explained
  • Association of Certified Fraud Examiners - Explained
  • Association of Government Accountants - Explained
  • Cost Accounting - Explained
  • Plowback Ratio - Explained
  • Capital Maintenance - Explained
  • Chartered Accountant (UK) - Explained
  • Current Assets (Quick Assets) - Explained
  • After Tax Profit Margin - Explained
  • Indirect Method (Accounting) - Explained
  • Net Receivables - Explained
  • Expanded Accounting Equation - Explained
  • Internal Audit - Explained
  • Installment Sale Method (Accounting) - Explained
  • Property, Plant, and Equipment - Explained
  • Billing Cycle - Explained
  • Lower of Cost or Market Method - Explained
  • Asset Coverage Ratio - Explained
  • Institute of Management Accountants - Explained
  • Times Interest Earned - Explained
  • Principles Based Accounting Standards - Explained
  • Modified Cash Basis - Explained
  • Leverage Ratio- Explained
  • Horizontal Analysis - Explained
  • Unqualified Audit - Explained
  • Unqualified Opinion - Explained
  • Overhead Allocation Rate (Accounting) - Explained
  • Coverage Ratio - Explained
  • Irrelevant Cost (Accounting) - Explained
  • Percentage of Completion Method - Explained
  • Black Box Accounting - Explained
  • Business Interest Expense - Explained
  • Appraisal Method of Depreciation - Explained
  • Residual Equity Theory - Explained
  • Piecemeal Opinion - Explained
  • Berry Ratio - Explained
  • Unearned Income - Explained
  • Form 8K - Explained
  • Financial Restatement - Explained
  • Consolidated Financial Statements - Explained
  • Financial Accounting – Explained
  • Users of Accounting Information - Explained
  • Accounting Assumptions - Explained
  • Going Concern Assumption – Financial Accounting
  • Monetary Unit Assumption – Financial Accounting
  • Time Period Assumption – Financial Accounting
  • Business Entity Assumption – Financial Accounting
  • Accounting Constraints - Explained
  • Financial Statements - Explained
  • Revenue (Accounting) - Explained
  • Expenses - Explained
  • Analysis of Financial Statement - Example Part 1
  • Analysis of Financial Statement - Example Part 2
  • Assets (Accounting) - Explained
  • Liabilities (Accounting) - Explained
  • Statement Cash Flow - Explained
  • Accounts (Financial Accounting) - Explained
  • How to Process Transactions (Accounting)
  • Going Concern Assumption - Accounting
  • Accounting Adjustments - Explained
  • Deferred Expense (Accounting) - Explained
  • Accrued Expense (Accounting) - Explained
  • Accrued Revenue (Accounting) - Explained
  • Adjusted Trial Balance - Explained
  • The Closing Process (Accounting) - Explained
  • Merchandising Businesses (Accounting) - Explained
  • Recognizing Inventory Sales (Accounting) - Explained
  • Special Transactions in Inventory (Accounting) - Explained
  • Adjustments for Lost or Stolen Inventory (Accounting) - Explained
  • Multi-Step Income Statement (Accounting) - Explained
  • Specific Identification Method of Inventory Accounting - Explained
  • Weighted Average Inventory Accounting - Explained
  • Effect of Inflation and Deflation on Inventory (Accounting) - Explained
  • Choosing an Inventory Accounting Method - Explained
  • Tax Consideration for Inventory Accounting - Explained
  • Internal Controls for Inventory Accounting - Explained
  • Cash Management (Accounting) - Explained
  • Internal Controls for Bank Activities (Accounting) - Explained
  • Allowance Method vs Direct Writeoff Method (Accounts Receivable) - Explained
  • Accounting for Notes Receivable - Explained
  • Reporting Depreciation for Tax Purposes (MACRS) - Explained
  • Account for Changing Depreciation Estimates - Explained
  • Notes Payable (Accounting) - Explained
  • Payroll Liabilities (Accounting) - Explained
  • Estimated Liabilities for Warranties (Accounting) - Explained
  • Contingent Liabilities (Accounting) - Explained
  • Creating Financial Statements from Transactions - Explained
  • T Account and Trial Balance - Example 1
  • T Account and Trial Balance - Example 2
  • Accounting Cycle for a Merchandising Business - Part 1
  • Accounting Cycle for a Merchandising Business - Part 2
  • Accounting Cycle for a Merchandising Business - Part 3
  • Specific Identification of Inventory - Example
  • Shrinkage (Inventory) - Explained
  • Do It Right the First Time (DRIFT) - Explained
  • Intermittent Purchase and Sell of Inventory (Accounting) - Explained
  • Example of the Closing Process - Explained
  • Completing Accounting Cycle - Financial Statements
  • Fixed vs Variable Cost - Explained
  • Recording Product Costs in the Financial Statements
  • Value for Money Audit - Explained
  • Job Costing vs Process Costing (Accounting) - Explained
  • Job Costing - Direct Material and Labor Costs - Explained
  • Job Costing - Assign Overhead Costs - Explained
  • Assign Overhead Costs to Products
  • Plantwide Allocation of Overhead Costs - Explained
  • Department Allocation of Overhead Costs - Explained
  • Weighted Average Product Cost - Explained
  • Production Cost Report - Explained
  • Contribution Margin Income Statement - Explained
  • Cost - Volume - Profit Analysis - Explained
  • Margin of Safety - Explained
  • Contribution Margin per Unit of Constraint - Explained
  • Differential Analysis (Accounting) - Explained
  • Joint Products and Joint Costs - Explained
  • Budgeting - Explained
  • Standard Costs (Accounting) - Explained
  • Variance Analysis (Product Costs) - Explained
  • Responsibility Center - Explained
  • Segmented Income - Explained
  • Residual Income (Evaluate Performance) - Explained
  • Capital Expenditure Ratio - Explained
  • Profitability Ratios - Explained
  • Current Ratio (Working Capital Ratio) - Explained
  • Key Management Accounting Personnel - Explained
  • Debt to Equity Ratio - Explained
  • Attestation (Auditing) - Explained
  • Assurance Services (Auditing) - Explained
  • Auditing, Attestation, and Assurance Services (Explained)
  • Public Accounting - Explained
  • External Audit - Explained
  • Fundamental Principles of Auditing - Explained
  • Audit Engagement Steps - Explained
  • Audit Pre-Engagement Activities - Explained
  • Engagement Letter - Explained
  • Predecessor Auditor Communications - Explained
  • Manager's Assertions (Audit) - Explained
  • PCAOB vs ASB Assertions - Explained
  • Single Report vs Combined Report (Audit) - Explained
  • Going Concern (Audit) - Explained
  • Revenue and Collection Cycle (Audit) - Explained
  • Acquisition and Expenditure Cycle - Explained
  • Production Cycle (Audit) - Explained
  • Finance and Investment Cycle - Explained
  • Internal Controls (Audit) - Explained
  • Components of Internal Controls (Audit) - Explained
  • Internal Control Evaluation - Explained
  • Tests of Controls (Audit) - Explained
  • Substantive Tests (Audit) - Explained
  • Bank Confirmations (Audit) - Explained
  • Accounts Receivable Confirmations (Audit) - Explained
  • Attorney Letters (Audit) - Explained
  • Contingencies (Audit) - Explained
  • Tracing vs Vouching (Audit) - Explained
  • Sampling (Audit) - Explained
  • Audit Workpapers - Explained
  • Termination Letter (Audit) - Explained
  • What are the Roles of Audit Team Members?
  • Auditor Independence - Explained
  • Audit Committee - Explained
  • Section 302 of Sarbanes Oxley (Audit) - Explained
  • Section 404 of Sarbanes Oxley (Audit) - Explained
  • Audit Reviews - Explained
  • Compilations (Audit) - Explained
  • Independent Audit - Explained
  • Roles of Manager - Managerial Accounting
  • Big Data in Managerial Accounting
  • Ethics Perspective in Managerial Accounting
  • Strategy Perspective in Managerial Accounting
  • Enterprise Risk Management in Managerial Accounting
  • Corporate Social Responsibility in Management Accounting
  • Process Management Skills in Managerial Accounting
  • Leadership Perspective in Managerial Accounting
  • Direct Cost vs Indirect Cost - Accounting
  • Costs in Decision Making - Accounting
  • Traditional vs Contribution Format Income Statement
  • Cost Volume Profit (Operating Leverage) - Explained
  • Product Costing (Stages of Manufacturing) - Explained
  • Product Costing - Cost Flow Example
  • Predetermined Overhead Rate - Accounting
  • Effect of Absorption vs Variable Costing - Accounting
  • Activity-Based Management (Accounting)

Business Taxation

  • Sales and Use Tax Identification Numbers
  • Partnerships Tax - Explained
  • Tax Basis (Business) - Explained
  • Active and Passive Income and Losses - Explained
  • Tax Planning When Funding a Business - Explained
  • IRC 83a (Stock for Services) - Explained
  • Expatriation Tax - Explained
  • Excise Taxes - Explained
  • Earned Income Tax Credit - Explained
  • Earned Income - Explained
  • Economic Growth Tax Relief Reconciliation Act - Explained
  • Declining Balance Depreciation - Explained
  • Deferred & Accumulated Income - Explained
  • Degressive Tax - Explained
  • Duty Free Zones - Explained
  • Double Column Tariff - Explained
  • Estimated Taxes - Explained
  • Effective Tax Rate - Explained
  • Rabbi Trust - Explained
  • Recapture of Depreciation - Explained
  • Regulation M - Explained
  • NonQualified Deferred Compensation - Explained
  • Accelerated Amortization - Explained
  • Accumulated Earnings Profits Tax - Explained
  • Ad Valorem Equivalent (AVE) - Explained
  • Controlled Foreign Corporation - Explained
  • Internal Revenue Code - Explained
  • Income Basket - Explained
  • Lookback Period - Explained
  • Lindahl Equilibrium - Explained
  • Holding Period - Explained
  • Listed Property (Taxation) - Explained
  • Loss Carryback - Explained
  • Accelerated Depreciation - Explained
  • Ability to Pay Principle - Explained
  • Progressive Tax - Explained
  • Stamp Duty - Explained
  • Standard Deduction - Explained
  • 1035 Exchange (Taxation) - Explained
  • Subpart F Income - Explained
  • Self-Employment Tax - Explained
  • Tax Identification Number - Explained
  • Tax Court - Explained
  • Tax Information Exchange Agreements - Explained
  • Transfer Tax - Explained
  • Unitary Tax System - Explained
  • Alternative Minimum Tax - Explained
  • Capital Cost Allowance - Explained
  • Passive Income - Explained
  • Tax Shelter - Explained
  • Value-Added Tax - Explained
  • Abusive Tax Shelter - Explained
  • Accelerated Deposit Rule - Explained
  • Adjusted Basis - Explained
  • Annualized Income Installment Method - Explained
  • Benefit Principle - Explained
  • Bracket Creep - Explained
  • Mutual Exclusion Doctrine - Explained
  • Tax Shield - Explained
  • Tax Loss Carryforward - Explained
  • Tax Lien Certificate - Explained
  • Tax Home - Explained
  • Tax Haven - Explained
  • Import Duty - Explained
  • Foreign Account Tax Compliance Act (FACTA) - Explained
  • Flow Through Entity (Tax) - Explained
  • Flat Tax - Explained
  • Income Exclusion Rule - Explained
  • Income Tax - Explained
  • Underwithholding - Explained
  • De Minimus Tax Rule - Explained
  • Generation Skipping Transfer Tax - Explained
  • Loss Carryback - Explained
  • Basis (Taxation) - Explained
  • Child and Dependent Care Credit - Explained
  • Cancellation of Debt - Explained
  • Child Tax Credit - Explained
  • Buffett Rule - Explained
  • Schedule A (Taxation) - Explained
  • Schedule D (IRS) - Explained
  • Capital Improvement - Explained
  • Capital Goods - Explained
  • Homestead Exemption - Explained
  • Capital Gains Tax - Explained
  • GUST Restatement - Explained
  • Enrolled Agent - Explained
  • Long-Term Capital Gains or Losses - Explained
  • Capital Loss - Explained
  • Capital Loss Carryover - Explained
  • Itemized Deduction - Explained
  • Kiddie Tax - Explained
  • Passive Loss - Explained
  • Federal Tax Lien - Explained
  • Gift Tax - Explained
  • Double Taxation - Explained
  • Estate Tax - Explained
  • Conduit Theory - Explained
  • Withholding Tax - Explained
  • Passive Activity (Taxation) - Explained
  • Passive Activity Loss Rule - Explained
  • Innocent Spouse Rule - Explained
  • Personal Exemption (Taxation) - Explained
  • Phantom Income - Explained
  • Property Tax - Explained
  • Material Participation Test - Explained
  • Qualified Dividend - Explained
  • Return of Capital - Explained
  • Boot (Taxation) - Explained
  • Physical Presence Test - Explained
  • Consumption Tax - Explained
  • Corporate Inversion - Explained
  • Surtax - Explained
  • Carryover Basis - Explained
  • Business Tax Credit - Explained
  • Throwback Rule - Explained
  • Phantom Gain (Investments) - Explained
  • Deferred Income Tax - Explained
  • Step Up in Basis - Explained
  • Recapture - Explained
  • Severance Tax - Explained
  • Foreign Tax Credit - Explained
  • Constructive Receipt - Explained
  • Franchise Tax - Explained
  • Proportional Tax - Explained
  • Regressive Tax - Explained
  • American Opportunity Tax Credit - Explained
  • After-Tax Basis (Bonds) - Explained
  • Cascade Tax - Explained
  • Charitable Contribution Deduction - Explained
  • Private Letter Ruling - Explained
  • Loss Disallowance Rule - Explained
  • Continuity of Business Enterprise Doctrine - Explained
  • Continuity of Interest Doctrine - Explained
  • Pigovian Tax - Explained
  • Like-Kind Exchange - Explained
  • Ordinary Income - Explained
  • Border Adjustment Tax - Explained
  • At Risk Rule - Explained
  • Bilateral Tax Agreement - Explained
  • Excess Accumulation Theory - Explained
  • Employer Identification Number (EIN) - Explained
  • Form 1099 - Explained
  • Tax Writeoff - Explained

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