Financial and Managerial Accounting / [Ref.acg 3082.wf.1030]

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``Items ending with an asterisk  (*) represent exercises or problems taken from either a current or older edition of our textbook.``

APA Reference Style (How to Avoid Plagiarism)

``Avoiding Plagiarism and APA Reference Style (9:54 min:sec)``
``APA Formatting and Style Guide``
``Accounting - What the Numbers Mean - Publisher's Textbook Companion Website``

Week 1: Introductory Accounting Concepts (Chapters 1 and 2)

``Textbook Author's Powerpoint Presentation - Chapter 1``
``Textbook Author's Powerpoint Presentation - Chapter 2``
``Calculating Net Income (Revenues less expenses but not dividends) (image only)``
``Forms of Business Stakeholders - Lecture (7:01 min:sec)``
``Hints to solve Accounting Equation Questions - no sound (1:31)``
``Accounting Equation Problem (2:19)``
``Working with the Accounting Equation (image only) *``
``Susan Crosson YouTube Lecture - Where Did Accounting Come From? (4:39)``
``Principles of Accounting Resources``
``Accounting System Presentation - Covers Many Financial Accounting Concept (28.40)``
``Rules of Debits and Credits (illustration of normal account balances) (image only)``
``Accounting Cycle Tutorial #1``
``Accounting Cycle Tutorial #2``
``Accounting Cycle Tutorial #3``
``Accounting Cycle Tutorial #4``
``Journals and Ledgers (Posting Process) (6:20)``
``Closing Entries (8:37)``
``Accrual Accounting - Adjusting Entries (4:40)``
``Adjusting Entries and Financial Statements (11:50)``
``Adjusting Entries for Sales Tax (3:30)``
``Adjusting Entries (10:21)``
``Adjusting Entries for Liabilities (6:55)``
``Analyzing and Preparing Adjusting Entries (6:52)``
``Adjusting Entries (6:13)``

Week 2: Fundamental Interpretations Made from Financial Statements (Chapter 3)

``Financial Statement Interpretations (Chapter 3)``
``Textbook Author's Powerpoint Presentation - Chapter 3``
``Maximum Rate of Interest to Borrow (image only) *``
``Calculating Return on Investment (image only) *``
``Calculating Return on Equity and Working Capital (image only) *``
``Return on Equity and more (image only) ``
``Bookkeeping Process and Transaction Analysis (Chapter 4)``
``Textbook Author's Powerpoint Presentation - Chapter 4``
``Transaction Analysis (9:51)``
``Journalizing Transactions (2:34)``
``Transactional Analysis (10:09)``
``Effect of Transactions on Accounting Equation (image only) *``
``Calculating Account Balances (image only) *``
``Accounting Equation, Transactions, Financial Statements - Part 1 (7:59)``
``Accounting Equation, Transactions, Financial Statements - Part 2 (6:20)``
``Computing Net Income, Balance Sheet, Debt Ratio (7:35)``
``Also see Accounting System Presentation under Week 1 above for transactional analysis.``

Current Assets (Chapter 5) and Long-Term Assets (Chapter 6)

``Textbook Author's Powerpoint Presentation - Chapter 5``
``Textbook Author's Powerpoint Presentation - Chapter 6``
``Journal Entries, Merchandising Transactions (7:18)``
``Merchandising Journal Entries (9:42)``
``Calculating Cost of Goods Sold (1:21)``
``Bank Reconciliation (9:28)``
``Bank Reconciliatioin and Adjusting Entries (3:49) *``
``Bank Reconciliation Completed (image only) *``
``Inventory Turnover (2:00)``
``Inventory Methods:  FIFO, LIFO and Average Cost (6:40)``
``Inventory Methods: FIFO, LIFO and Average Cost (10:56)``
``FIFO versus LIFO, Financial Statements (3:55)``
``Inventory Cost Flows - Perpetual Systems - Part 1 (10:41)``
``Inventory Cost Flows - Perpetual Systems - Part 2 (5:59)``
``FIFO versus LIFO, Financial Statement Preparation and Analysis (17:00)``
``Retail Inventory Method (4:11)``
``Gross Profit Method (2:42)``
``Lower of Cost or Market (7:41)``
``Accounting for Bad Debts (Allowance Method) (6:13)``
``Accounts Receivable - Credit Card Transactions  (9:32)``
``Accounts Receivable - Credit Card Transactions  (9:32)``
``Uncollectible Accounts (i.e., Bad Debts) (3:22)``
``Bad Debt Reporting, Aging (5:56)``
``Uncollectible Accounts - Allowance Method - Percent of Sales  (8:51)``
``Computing Bad Debt Amounts - Kettle Moraine Co. (5:24)``
``Accounting for uncollectible accounts-allowance method using aging-of-receivables (P9-28A) (8:34)``
``Accounts Receivable - Allowance for Doubtful Accounts - Percentage of Rec'bls (7:29)``
``Accounts Receivable - Allowance for Doubtful Accounts - Percentage of net Sales (2:40)``
``Journalizing Bad Debts (9:49)``
``Depreciation Lecture (15:08)``
``Straight-Line Depreciation Exercise Solved (image only) *``
``Plant Asset Costs and Depreciation  (10:39)``
``Acquisition of Land, Building and Improvements  (6:57)``
``Disposition, Replacement of Fixed Assets (4:56)``
``Adjusting Entry: Interest Earned on Note Receivable (image only)``
``Asset Costs  (3:15)``
``Asset Trade-In  (5:01)``
``Long-Lived Asset Transactions  Part 1 (8:53)``
``Long-Lived Asset Transactions  Part 2 (14.42)``
``Asset Cost Allocation and Straight-Line Depreciation (5:21)``
``Depreciation - Double Declining Balance Method  (6:57)``

Time Value of Money

``Present Value Example (3:53)``
``Future Value of a Lump-Sum Amount (0:56)``
``Excel's Rate Function Example (3:35``)``
``Future Value of an Uneven Stream of Payments (6:42)``
``Present Value, Uneven Cash Flow Stream (3:46)``
``Present Value of an Annuity (2:17)``
``Determining Payment Amount - With Both PV and FV (3:24)``
``Nominal Rates versus Effective Rates (Compounding) (4:32)``
``Calculating Interest Rates and Future Values (3:36)``
``Present Value of an Annuity Due (2:55)``

Week 6: Liabilities (Chapter 7) and Owners' Equity (Chapter 8)

``Textbook Author's Powerpoint Presentation - Chapter 7``
``Textbook Author's Powerpoint Presentation - Chapter 8``
``Notes Payable Transactions (3:29)``
``Warranty Liability and Expenses (4:24)``
``Various Contingencies (9:47)``
``Warranties (4:37)``
``Calculating Interest Expense for Partial Periods (image only)``
``Loan Amortization Schedule (4:00)``
``Determining Bond Proceeds, Recording the Issuance and Amortization Schedule  (7:47)``
``Journal Entries Related to Bonds (7:24)``
``Bonds - Premiums, Discounts and Interest Expense (image only) *``
``Schedule of Discount Amortization (5:01)``
``Bond Discount Amortization - Straight Line  (4:21)``
``Bond Discount Amortization - Straight Line (4:38)``
``Bond Amortization Schedule, Effective Interest (P14-4 5e) (7:17)``
``Bond Interest Amortization (5:54)``
``Stockholders' Equity Lectures (from an Intermediate Textbook) (37:02)``
``Stock and Cash Dividends (image only) *``
``Computing Retained Earnings(Deficit) with Incomplete Information (3:45)``
``Retained Earnings and Stockholders' Equity (P11-4A 2Ed) (7:47)``
``Partnership Accounting - Partnership Financial Statements and Ending Capital Account Balances (6:05)``
``Stockholders' Equity Transactions including Treasury Stock  (15:04)``
``Earnings Per Share - Stated and Restated (4:21) *``
``How To Compute Dividends (0:00)``
``How To Compute & Allocate Dividends (0:00)``
``Computing Dividends Paid to Preferred Shareholders (0:00)``
``Cash Dividends and Stock Dividends (0:00)`` *``
``Calculating Basic Earnings Per Share (0:00) *``
``Analysis of Changes in Retained Earnings Account (11:18)``
``Treasury Stock, Cash Dividends and Retained Earnings Part 1 (13:10)``
``Treasury Stock, Cash Dividends and Retained Earnings Part 2 (2:54)``

Week 7: Income Statement and Statement of Cash Flows (Chapter 9)

``Textbook Author's Powerpoint Presentation - Chapter 9``
``Impact of Inventory Error on Operating Income (imaged only) *``
``Cash Flow Statement and Balance Sheet Part 1 (9:32)``
``Cash Flow Statement and Balance Sheet Part 2 (8:32)``
``Cash Flow from Operating Activities - Indirect Method  (7:33)``
``Classification of Cash Flow Transactions (10:25)``
``Statement of Cash Flows - Direct Method  (11:17)``
``Statement of Cash Flows - Indirect Method - Part 1 (14:01)``
``Statement of Cash Flows - Indirect Method - Part 2 (11:27)``
``Cash Flows from Operations (9:19)``
``Statement of Cash Flows - Indirect Method  (11:13)``
``Statement of Cash Flows - Indirect Method - Part 2 (6:25)``
``Statement of Cash Flows - Indirect Method - Part 1 (11:41)``
``Calculating Net Income and Operating Income from Cash Flow and Income Statement Records (0:00) *``
``Determining Cash Flow Effects  (4:10)``
``Statement of Cash Flows - Indirect Method (17:31)``

Corporate Governance, Explanatory Notes and Other Disclosures (Chapter 10)

``Textbook Author's Powerpoint Presentation - Chapter 10``
``Reporting Disclosures - Net Income and Earnings Per Share (image only) *``
``Reporting Restated Earnings Per Share (image only) *``

Textbook Author's Powerpoint Presentation - Chapter 11

``Horizontal Analysis (4:19)``
``Days Sales Outstanding (DSO) (1:42)``
``Efficiency and Profitability Analysis  (6:36)``
``Common-Sized Financial Statements  (8:53)``
``Liquidity Analysis and Interpretation  (10:41)``
``Profitability Ratio - Computation and Interpretation  (4:41)``
``Estimating Average Inventory (2:40)``
``Horizontal and Vertical Analysis (3:51)``
``Financial Ratios (15:50)``
``DuPont System of Analysis (6:01)``
``Days Sales Outstanding (DSO) and Average Receivables (3:42)``
``Ratios - Liquidity, Solvency and Profitability  (12:46)``
``Times-Interest-Earned Ratio (TIE) (3:48)``
``Vertical Analysis (P14-1 4e) Weygandt Kimmel Kieso (6:33)``
``Computing ROE and ROA (P1-35 Easton 2e) (4:50)``

Managerial Accounting and Cost-Volume-Profit Analysis (Chapter 12)

``Textbook Author's Powerpoint Presentation - Chapter 12``

``Introductory Managerial Accounting Concepts``
``Inventory and Cost of Goods Sold Computation  - Mfg vs Merchandiser (3:17)``
``Basic Manufacturing Cost Flows  (13:08)``
``Cost of Goods Manufactured, Income Statement  (12:30)``
``Cost of Goods Sold - Cost of Goods Manufactured``
``Cost of goods sold, partial income statement and balance sheet (4:03)``
``Mfg Costs, Incomplete Data  (7:22)``

``Cost-Volume-Pricing Analysis``
``Cost-Volume-Profit (C-V-P) - Breakeven with Target Income  (7:24)``
``Breakeven, Target Income and Forecasting - Part 1 (8:08)``
``Breakeven, Target Income and Forecasting - Part 2 (3:18)``
``Breakeven Analysis, Planning Future Sales (6:51)``
``Cost-Volume-Profit Analysis  (2:36)``
``CVP Analysis  (17:15)``
``CVP Analysis:  Determining the Impact of a Promotion (Ice Cream Cones) (2:40)``
``CVP, Breakeven, Contribution Margin, Margin of Safety and Target Income (10:24)``
``Cost-Volume-Profit Analysis and Graphing (11:17)``
``Trouble Translating CVP Presentations? (0:00)``
``Unit Costs; Profit-Maximizing Output  (6:59)``
``Pom-Pom breakeven example (image)``
``Breakeven, Volume and Pricing (8:29)``
``Breakeven Example - Multiple Products (png) (0:00)``
``CVP Analysis - Incremental Revenue, Product Mix  (3:29)``
``Billy Bob Hot Dogs - CVP Analysis, Breakeven (6:54)``
``Breakeven Point (Adv Mgl Finance) (10:49)``
``Contribution Margin, Fixed Costs, More (9:36)``
``Multiproduct Breakeven (4:36)``
``Breakeven Analysis - Hospital (8:50)``
``CVP Analysis; Cost Structure (9:23)``

Cost Accounting and Reporting (Chapter 13)

``Textbook Author's Powerpoint Presentation - Chapter 13``

``Job Order Costing and Overhead Costs``
``Allocation of Support Department Costs, Common Costs, Revenues Lecture (7:11)``
``Documents in Job Order Cost Accounting  (3:28)``
``Job Costing Lecture (17:35)``
``Planned (Budgeted) Overhead and Applied Overhead (image only) *``
``GL Relationships, Under- and Over-Allocation (Normal Costing) (15:55)``
``Job Costing: Single Direct Cost Category, Single Indirect Cost Pool (6:27)``
``Manufacturing Costs Computed By Job (3:00)``
``Overhead Rates - Computation and Application (11:13)``
``Job Order Costing -  Part 1 (10:26)``
``Job Order Costing -  Part 2 (9:29)``
``Product Unit Costs (Job Order Costing) (5:46)``
``T-Account Analysis of Cost Flows  (14:48)``
``Job Order Cost Sheet (6:33)``
``Job Cost Sheet (6:35)``
``Job Order Costing Compr Problem - Part 1``
``Job Order Costing Compr Problem - Part 2 (6:42)``
``Audit Badger - Predetermined Overhead Rate (5:41)``

``Activity-Based Costing``
``Activity-Based Costing Cost Flows (11:37)``
``ABC and Pricing (12:12)``
``Overhead: Traditional vs. ABC (5:19)``
``Customer Profitability - ABC (3:54)``
``Computing and Using Activity-Based Cost Rates (P3-13A 5e Brewer) (8:34)``
``ABC Product Costs  (6:28)``

Cost Planning (i.e., Budgeting) (Chapter 14)

``Textbook Author's Powerpoint Presentation - Chapter 14``
``Budgeted Production Schedule  (3:42)``
``Budgeting - Lecture (9:24)``
``Cash Budget (Basic) (12:03)``
``Cash Budgets (4:33)``
``Merchandise Purchases Budget  (4:38)``
``Cash Budget - Sample problem (image only)``
``Cash Budget  (4:31)``
``Cash Budget (5:09)``
``Merchandise Purchases Budget (Units) (8:36)``
``Raw Material Purchases Budget (units) (4:49)``
``Sales Budget (3:01)``
``Budgeting and Performance Evaluation - Lecture (6:38)``
``Budgeted Income Statement and Supporting Schedules (13:31)``
``Budgeting, Cash Collections  (6:10)``
``Budgeted Cost of Goods Sold, Income Statement (3:32)``
``Cash Budget: Expected Receipts and Disbursements (7:48)``
``Budgeted Cash Collections (image only) *``
``Flexible Budgeting, Performance Report (13:45)``
``Cash Budget, Income Statement, Balance Sheet  (13:21)``
``Cash Budget -Ritz Carlton (P7-38 Horngren 5e) image only``

Cost Control (Chapter 15)

``Textbook Author's Powerpoint Presentation - Chapter 15``

``Flexible Budgeting``
``Flexible Budgeting Report (8:26)``
``Flexible Budget, Overhead Perf Report (6:51)``
``Flexible Budgeting (Fixed Budget Performance Report) (16:04)``
``Flexible Budgeting, Overhead Performance Report  (13:45)``
``Flexible Budgeting (4:12)``
`` ``
``Standard Costing and Variance Analysis``
``Cost allocation, customer profitability analysis; sales-variance analysis lecture (11:48)``
``Sales variance analysis, multiple products (13:00)``
``Variance computations and related jounral entries, part 1 (5:22)``
``Variance computations and related journal entries, part 2 (8:06)``
``Standard costs - actual price paid, material allowed and usage variance (image only) *``
``Variances - flexible budgeting (11:18)``
``Overhead variances (14:23)``
``Flexible Budgeting - Fixed Budget Performance Report (16:04)``
``Computing standard unit costs (5:32)``
``Std Variance Analysis Part 1 (15:48)`` *``
``Std Variance Analysis Part 2 (5:45)`` *``
``Overhead variances, 4-variance approach (7:39)``
``Predetermined overhead rates (4:23)``
``Computing variances, preparing an income statement (10:08)``
``Applying overhead and variances (9:47)``
``Material and labor variances (7:18)``
``Flexible Budgeting (4:12)``
``Variance analysis to standard (12:01)``

Decision-making, incremental analysis (chapter 16)

``Textbook author's powerpoint presentation``
``Differential analysis with opportunity costs (7:39)``
``Analysis of Sales Mix Strategies - Part 1 (6:45)``
``Analysis of Sales Mix Strategies - Part 2 (5:55)``
``Incremental Analysis Demonstration (image)``
``Relevant Cost Analysis(3:52)``
``Relevant Costing - Special Order (4:13)``
``Allocation of scarce resource (5:17)``
``Utiliz. - Constr'd Resource (5:53)``
``Maximum contribution with a constrained resource (image only) *``
``Make or Buy  no sound (0.14)``
``Make or buy - savings from buying (2:09)``
``Make or buy - MiniTek - BYP 26-2 (7:51)``
``Relevant Costs  (image only)``
``Relevant Costing - Many Situations Part 1 (10:48)``
``Relevant Costing - Many Situations Part 2 (9:11)``
``Relevant Costing - Variety of Situations (13:58)``
``Andretti Co. - DAK Product - Incremental Analysis with a Variety of Situations (13:58)``

Capital Budgeting

``Time Value of Money Primer``
``Present Value Example (3:53)``
``Future Value of a Lump-Sum Amount (0:56)``
``Excel's Rate Function Example (3:35``)``
``Future Value of an Uneven Stream of Payments (6:42)``
``Present Value, Uneven Cash Flow Stream (3:46)``
``Present Value of an Annuity (2:17)``
``Calculating the Value of an Annuity (image)``
``Determining Payment Amount - With Both PV and FV (3:24)``
``Present value of 13 Years of Private School (Berke 3e) (4:08)``
``Present value with changing rates each year (Berke 3e) (3:15)``
``Determining how much to save for retirements (3:40``)``
``Capital Budgeting``
``NPV, IRR and MIRR (8:10)``
``Calculating Project Cash Flows (2:19)``
``New Product Introduction: Net Present Value, Internal Rate of Return and Payback (16:16)``
``Capital Budgeting - NPV, IRR and MIRR (4:45)``
``Determining Relevant Costs and NPV (5:18)``
``Quick Comparison:  NPV, IRR and MIRR (4:22)``
``Net Present Value Analysis  (7:21)``
``NPV versus IRR versus MIRR  (9:46)``
``Capital Budgeting Methods (6:56)``
``Net Present Value (NPV) and Internal Rate of Return (IRR)  (8:33)``
``Net Salvage Value (3:53)``
``Payback, Accounting Rate of Return and Net Present Value (17:35)``
``Present Value and Net Present Value  (3:33)``
``Quick Comparison:  Net Present Value (NPV), Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR) (4:22)``