2 edition of Asset accounting, an intermediate course found in the catalog.
Asset accounting, an intermediate course
James W. Pattillo
|LC Classifications||HF5635 P3135|
|The Physical Object|
|Number of Pages||549|
Delivery methods. Online, self-paced. Credits Recommended requisite(s) ACCT Intermediate Financial Accounting 1 Exclusions. ACCT Intermediate Financial Accounting 2 BBUS Intermediate Financial Acct 2 BBUS Intermediate Financial Acct 2 Course duration. 30 weeks. Of course, when the sales price equals the asset’s book value, no gain or loss occurs. To illustrate accounting for the sale of a plant asset, assume that a company sells equipment costing $45, with accumulated depreciation of $ 14, for $28, cash.
Accounting Intermediate Financial Accounting I is the first course in the two-course intermediate accounting sequence. It provides in-depth coverage of. the environment of and conceptual framework for financial reporting. accounting information processing systems. the application of present value concepts in accounting. During , equipment was sold for $ The equipment cost $ and had a book value of $ Accumulated Depreciation—Equipment was $ at 12/31/17 and $ at 12/31/ Depreciation expense for .
The Guide to Intermediate Accounting Research is intended to serve as a supplement in intermediate accounting courses. Collins’ practical examples and exercises will challenge students to move beyond the application of accounting standards to critically thinking about and applying accounting issues. A capital lease is a lease in which the lessee records the underlying asset as though it owns the asset. This means that the lessor is treated as a party that happens to be financing an asset that the lessee owns.. Note: The lease accounting noted in this article changed with the release of Accounting Standards Update , which is now in effect.. .
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Asset accounting, an intermediate course, by William Andrew Paton; William A Paton, Jr. A copy that has been read, but remains in clean condition. All pages are intact, and the cover is intact. The spine may show signs of wear.
Pages can include limited notes and Asset accounting, and the copy can include previous owner Rating: % positive. Additional Physical Format: Online version: Paton, William A. (William Andrew), Asset accounting, an intermediate course.
New York, Macmillan . This course focuses on managing FI-AA master data and on the handling of the various business processes in FI-AA. It also covers, e.g., the topics periodic processing, evaluation and depreciation and standard reporting.
Participants will learn something about organizational structures in Asset Accounting and FI, as FI-AA is a sub-ledger of FI. Asset accounting, an intermediate course, on *FREE* shipping on qualifying cturer: Macmillan. Essay "Financial Accounting APPLE Inc.
& Google Inc." - grade A-Financial Statement and Ratio Analysis of Berger paints Bangladesh limited Chapter 6 book solution Asset accounting - Solution manual Intermediate Accounting Partnership Accounting Sample Questions Chap 5 - Solution manual Accounting Principles.
Our collection of intermediate accounting textbooks builds on the principles of introductory resources for accounting majors, practicing accountants, or CPA/AICPA/GAAP studies, intermediate accounting textbooks will familiarize you with reporting standards, solutions methodology, cash flows, taxation, auditing, and advanced financial accounting principles.
Intermediate Accounting Course Review and Practice Materials. U.S. GAAP Codification, Accounting by Topic, Accounting Terms: Financial Accounting, Intermediate Accounting, Advanced Accounting: Intermediate Accounting Course: Key Topics Asset Retirement and Environmental Obligations: Topic Exit or Disposal Cost Obligations.
The book is so bad that I had to buy another book Schaum's Outline of Intermediate Accounting (which is a fantastic book by the way and only $10 and does times better job of explaining), to understand this book. I wish I could give this book 0 stars. Avoid it if you can/5(). This intermediate-level course builds on the material covered in the Accounting Principles-1 and -2 courses.
It expands on earlier coverage of both the income statement and balance sheet. Revenue recognition concepts and methods are covered.
Emphasis is also placed on each classification of asset. Accounting for property, plant, and equipment: Intermediate accounting gets into the nitty-gritty of accounting for an involuntary conversions such as theft.
When this happens, a company has to record the difference between insurance proceeds and the asset’s net book value as gain or loss on disposal of asset. Discuss the accounting intricacies of upstream accounting and how to account for the diverse types of costs under both Successful Efforts and Full Cost Accounting Methods There is no prerequisite for this Course.
Program Level: Beginner/Intermediate Mr. Colombano is currently working with a co-author on an upcoming book on International. Completed all lessons in Accounting Intermediate Accounting II course and achieved % Quiz Progress. Not attempted to take this exam within.
A fixed asset is written off when it is determined that there is no further use for the asset, or if the asset is sold off or otherwise disposed of.
A write off involves removing all traces of the fixed asset from the balance sheet, so that the related fixed asset account and accumulated depreciation account are reduced.
There are two scenarios under which a fixed asset may be. So we're going to start in this video by defining an Asset, so I'm going to give a precise accounting definition of an Asset. There are three elements to define an Asset. First of all, Ownership. So Ownership or control of the asset is a necessary condition to define an asset.
The easy way to master an intermediate accounting course Intermediate accounting courses are required for students seeking bachelor's degrees in accounting and often for degrees in finance, business administration, and management.
Intermediate Accounting For Dummies provides you with a deeper and broader level of accounting theory, serving as an. Intermediate Accounting I is the first of a three-semester sequence of courses which provide detailed study of the theory and practice of financial accounting in the United States.
The course prepares you to handle matters related to GAAP financial reporting: asset, liability and equity classification; revenue/expense recognition and income determination, cash flow analysis, and.
We will use that experience to walk you through the accounting cycle - which is the process by which accounting captures and aggregates all of the transactions in the period into a set of financial statements.
We will examine each step in the accounting cycle using a comprehensive example of a start up wholesale book retailer/5(25). Build on the art, concepts and requirements of accounting learned in Introduction to Financial Accounting UGBA XBA/XBWA.
You'll focus on applying concepts in developing a set of financial statements that clearly and accurately depicts a company's performance.
You'll study income, balance sheet and cash flow statements; revenue recognition. Asset Accounting: Asset sub number If a fixed asset is made up of many component assets, these component assets can be managed as separate sub numbers. External or internal number assignment can be specified for the asset sub number.
You can work directly with a specific sub number, all sub numbers belonging to an asset, or a selection from a. The FREE Online Bookkeeping & Basic Accounting Course. Video 1 - Introduction. Why you need to keep accounts and course content - Bookkeeping Course Video 2 - Financial Terms.
What is capital. - Free Bookkeeping Course Video 3 - Financial Terms. What is an asset. - Free Bookkeeping Course Video 4 - Financial Terms. Accounting has been evaluated and recommended for 3 semester hours and may be transferred to over 2, colleges and universities. With this self-paced course, you get engaging lessons, expert.Accounting books are the different books having the information about what is the accounting, types of accounting, ways to do accounting and the other related concepts where some of the books include books such as Accounting Made Simple by author Mike Piper, The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions by author Mark J.
.Trust me. As an ex-accounting TA, the reason 99% of people failed is they didn't study. Read the book/PPTs. Do the homework. Do the homework again. Recognize why things are right/wrong. Do the homework a third time. Rationalize why things work the way they do. Maybe do homework a fourth time. Pass the exams.
Accounting is not hard at all.