This course is the second of the three part series of courses related to intermediate accounting this section examines the balance sheet in more detail, including intangible assets, current liabilities and contingencies, long-term liabilities, as well as cash and cash equivalents. Basics of financial accounting: ii ask about this product this topic will serve as an introduction to the process by which a company compares and matches its accounting records with the figures shown on its financial statement, and will discuss the benefits of performing frequent reconciliations. Once you become familiar with the material covered in financial accounting i, this more-advanced class will enable you to master topics surrounding advanced depreciation, bonds, stock equity, capital transactions, dividends and investments, subsidiary ledgers, liabilities, and taxes.
Financial accounting ii implement various business processes and periodic tasks in asset accounting, manage master data and configure asset accounting apply selected evaluation methods special g/l transactions and document parking apply substitutions and validations as well as archiving to financial accounting utilize your knowledge directly as a consultant in a case study scenario. Acct 1105 financial accounting ii (4) introduces the intermediate financial accounting concepts that provide the student with the necessary skills to maintain a set of books for a partnership and corporation. Building on the foundation established in introductory financial accounting i, this course introduces accounting issues related to partnerships and corporations specialized topics, including capital assets, short and long-term liabilities, share capital, dividends and stock splits are explored.
At december 31, 2011 hansen corporation had 50,000 shares of common stock and 5,000 shares of 6%, $100 par cumulative stock outstanding no dividends were declared or paid in 2011. Financial accounting a comprehensive and practical online guide for the basics of financial accounting accounting concepts accounting equation financial statement analysis-ii the course provides a distinction between various other types of ratios including profitability ratios, expense ratios, turnover ratios, and. Main menu displaying 2 ade financial accounting iipdf. Reporting in financial accounting information system and abap reports of general ledger accounting, accounts receivable accounting, and accounts payable accounting, report variants, selection variables in variants, list viewer, sample evaluations using the drilldown reporting tool. Course overview this fast-paced, accelerated, one semester introductory financial accounting course will introduce the student to the theory and processes used in recording financial events and preparing financial statements.
Tfin52_2 financial accounting ii part bpdf - free download as pdf file (pdf) or read online for free scribd is the world's largest social reading and publishing site search search. Cliffsnotes study guides are written by real teachers and professors, so no matter what you're studying, cliffsnotes can ease your homework headaches and help you score high on exams. Financial accounting ii acc acc3100 - spring 2010 acc 3100 spring 2018 final exam reviewdocx financial accounting ii questions & answers showing 1 to 1 of 1 view all assuming that (i) alexandrov and chang will agree on a transaction on november 30, 2010, and (ii) the current interest rate for alexandrov's long-term. Accounting principles and practice related to partnerships and corporations includes accounting for capital and intangible assets, natural resources, and current and long-term liabilities analysis and interpretation of financial statements and budgeting are also featured.
1 what do credit terms 3/20, n/60 mean 2 briefly explain the methods estimating bad debts 3 how depreciation for the year is calculated under production unit method. This is the second lecture on basics of accounting under the series financial accounting in this lecture basic accounting terms such as voucher, assets, classification of liabilities, capitals. Paper ii: financial accounting unit i lesson 1 accounting lesson 2 accounting standards lesson 3 accounting process unit ii lesson 1 the final accounts lesson 2 final accounts of not-for-profit organisation. Financial accounting refers to the financial statements (and the entire process involved in creating the financial statements) published by a company for an audience of interested parties outside the company.