
Package: Intensive Accounting Boot Camp
 Package: Intensive Accounting Boot Camp
 Package 1: Basic & Fundamental Concepts
 Package 2: Core Fundamental Concepts
 Package 3: Advanced Financial Modeling
 Package 4: Valuation Modeling Topics
 Package 5: Merger Modeling Topics
 Package 6: Leveraged Buyout Modeling
 Package: Technical Applications  Excel
 Package: Private Company Valuation
 Package: SuperComplex M&A LBO Modeling
 Package: Distressed Financial Modeling
 Package: Bank Financial Modeling
 Package: Insurance Financial Modeling
 Package: Real Estate Development Modeling
 Package: REIT Financial Modeling
 Package: BuySide Series
 Overview of Financial Markets + Exhibits
 Verification
 Certification
Package: Intensive Accounting Boot Camp
Our three day Financial Accounting Bootcamp is specifically built as a prerequisite for our finance, valuation, financial modeling and more complex course topics. The bootcamp is structured as an interactive discussion in which we cover definitions and terminology through examples and case studies. Oftentimes, learning and teaching accounting is associated with boring definitions; however, our approach is to tell a story, and illustrate what the numbers mean through interesting examples, not by reading slides or textbooks. We emphasize, hone and rehone concepts via one large integrated case study in which the focus is not on debits/credits and Taccounts, but rather financial analysis. This is geared towards those with little to no accounting background (i.e. liberal arts majors) and is perfect as a refresher of the most important concepts for those having previously taken "Accounting 101" courses.
Courses
Last 10 posts
On pg.263, Exercise 1, the answer is the cash flow will not be influenced by the deferral cost. But shouldn't the effect on taxes be considered? So that a higher pretax income leads higher tax payments and then a lower cash flow. Looking forward to your reply!
At approximately 24:00 and afterward, Profit Margin was calculated as (1,265 / 12,065) on slide 249. (Which could also be written out as Net Sales / Net Income). Since we are only looking at core operations and removing Other Income in the denominator, wouldn't it be more correct to remove the effec... Read More
Hello, this is just a test post.
Hi can you shed light in which case is shareholder reported as debt vs equity (capital contribution) on the balance sheet in GAAP and IFRS? From what I understand it's classified as debt at least under IFRS. I am not as familiar with GAAP. In reference to points 1 and 2 below. 1. https://www.... Read More
Hi! Dean Choi mentioned that given different companies use different inventory accounting methods (LIFO, FIFO, average), it is more accurate to convert all the items of the companies you are looking at to calculate a ratio into the same accounting method e.g. calculating inventory turnover ratio for... Read More
This is a follow up question from the prior question below on sale of asset. I was not able to reply to that thread so I am starting a new question instead. Question was: I am looking at the Morgan Supplies Company example and wondering how you would know to expense the 28? 2. if you purchased a mac... Read More
Hi, in the example problem part 2, you say that the carrying value on April 1st is 10,075,000 and therefore the gain is $3,000. How did you get 10,075,000. From my understanding, the carrying value is the face valueamortization of discount, so I am unsure how to get the carrying value in this examp... Read More
On slide 257 the professor says that 8% of 300,000 is 12,000, which is why it is on the balance sheet. I believe that 8% of 300,000 is 24,000.
Dont you need to restate CoGS too changing for LIFO to FIFO in computing inventory turnover ratio?
on Liabilities Exercise on pg311. In the video, the instructor refers to effective method to calculate the expense and record the entry. Why don't we go with the noninterest bearing debt analysis? Since it is a zerocoupon bond, shouldn't it be considered a noninteresting bearing bond? The differe... on Liabilities Exercise on pg311. In the video, the instructor refers to effective method to calculate the expense and record the entry. Why don't we go with the noninterest bearing debt analysis? Since it is a zerocoupon bond, shouldn't it be considered a noninteresting bearing bond? The different treatments will yield different interest expenses. That's why I am confused. Looking forward to your reply! Read More