366 pages [225 self-teaching + 141 self-quizzes with detailed answers]
Section 1: Introduction. Sources and uses of cash: 3 kinds of activities.
Sections 2-4: Cash provided by operating activities (CPO), the direct method.
Part I: Computing cash inflows using changes in A/R and Allowance for Doubtful Accounts. Computing cash outflows using changes in Prepaid Expenses, Depreciation, Amortization, A/P and either Purchases (periodic method) or Inventory and COGS (perpetual method).
Part II: Using changes in Interest Payable, Discount on Notes Payable, Income Tax Payable and related accounts.
Part III: Using changes in Unearned Revenue, Dividends and Interest Receivable, Amortization of Notes Receivable.
Section 5: CPO case study, the direct method. Brings together everything you learned in Sections 2–4.
Section 6: Computing CPO, the indirect method. Computing inflows/outflows from changes in Depreciation, A/R, A/P, Inventory, Unearned Revenue, Interest Payable and other accounts.
Section 7: CPO case study, the indirect method. Brings together and applies what you learned in Section 6.
Section 8: Cash from investing activities. Inflows from disposal of PP&E, intangible assets, securities, loan collection. Outflows for investing in PPE, intangible assets, securities, making loans.
Section 9: Cash from financing activities. Inflows from issuing stock, creditor notes, mortgages, bonds, receipt of principal on loans. Outflows for dividends, treasury stock purchases, payment of loan principal.
Sections 10-11: Preparing a statement of cash flows.
Part I. Asset accounts.
Part II. Liability, stockholders’ equity accounts.
Section 12: Special and supplementary items. Inflows and outflows related to the purchase/sale of securities or treasury stock, foreign currency transactions, acquisitions and lawsuits. Which items are disclosed only as supplemental information.
Section 13: Special items for large corporations. Sale of a business, equity in an affiliate’s income, issuing bonds, amortization of a bond discount or premium, early extinguishment of debt.
Section 14: Comprehensive case study. Everything you learned applied to a complete statement of cash flows.
Publisher: AIPB
BRENDA –
VERY INFORMATIVE
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CAMELIA –
This book was easy to follow.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
THOMAS –
A well written course, and I learned much in evaluating a business.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
KIMBERLY –
This is a good course.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
TONYA –
Still working on this one. I took a break after reading Payroll II before starting on this one.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LISA –
I found this course to be more difficult, but overall I learned a lot. It taught me some very good skills.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
BIANCA –
Easy to study, learn and follow from. My only thing was that some of the questions from the quiz that seemed unclear formulated.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LORRAINE –
very comprehensive. Quizzes were appropriately difficult, requiring a full understanding of the subject matter.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
NORMA –
Very informative and detail
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal