Financial Accounting Full — Farhat Lectures

For more resources, visit https://FarhatLectures.com Learn financial accounting from the accounting equation to financial statements with this 97-lesson Farhat Lectures course. Designed for students taking introductory financial accounting or Principles of Accounting, it also builds a foundation for later Intermediate Accounting, CPA FAR, and CMA study. The lessons explain concepts and journal entries with examples. Begin with accounting basics, debits and credits, transaction analysis, the trial balance, adjusting entries, and closing. Then study merchandising, inventory, cash, receivables, long-term assets, liabilities, equity, investments, partnerships, time value of money, and cash flows. HOW TO USE THIS COURSE Use the full playlist as a lecture library alongside your syllabus. For a shorter, organized chapter review, choose a focused playlist below. These study paths let you return to one topic without searching through all 97 lessons. ACCOUNTING BASICS AND THE ACCOUNTING CYCLE Accounting in business: GAAP, the conceptual framework, the accounting equation, and financial statements: https://www.youtube.com/playlist?list=PLxP0KZzCGFYM_RyWnMGupWOFB60YLodKK Debits, credits, journal entries, the ledger, and trial balance: https://www.youtube.com/playlist?list=PLxP0KZzCGFYPGtOyzZujPgtMLA-I6gyyz Adjusting entries, deferrals, accruals, closing, and the worksheet: https://www.youtube.com/playlist?list=PLxP0KZzCGFYOb5P7irHSwfiKXBOsb5Hy7 MERCHANDISING, INVENTORY, CASH, AND RECEIVABLES Merchandising operations, purchases, sales, and periodic versus perpetual inventory: https://www.youtube.com/playlist?list=PLxP0KZzCGFYND6TFEM5D8HMcqa2V-FfRe Inventory cost, FIFO, LIFO, weighted average, and inventory analysis: https://www.youtube.com/playlist?list=PLxP0KZzCGFYNtljxNpA7-tvw_OuDJ03mJ Cash, internal control, and bank reconciliation: https://www.youtube.com/playlist?list=PLxP0KZzCGFYMWtzzquMirdC0Y-kMjfp0e Receivables, the allowance method, notes receivable, and factoring: https://www.youtube.com/playlist?list=PLxP0KZzCGFYOxWDymfAyRetpQQUpkNXz8 ASSETS, LIABILITIES, AND EQUITY Long-term assets: PP&E, depreciation, disposal, depletion, and intangibles: https://www.youtube.com/playlist?list=PLxP0KZzCGFYMQm51zTljGh_g7nb2Uy6SE Current liabilities, notes payable, payroll, and contingencies: https://www.youtube.com/playlist?list=PLxP0KZzCGFYOv33NbsG1sOFob-3sxyE_n Long-term debt and bonds payable: https://www.youtube.com/playlist?list=PLxP0KZzCGFYNWRGKDuIr08maSC_sjXhTB Corporations, common and preferred stock, dividends, and treasury stock: https://www.youtube.com/playlist?list=PLxP0KZzCGFYMAF36SW4B_CZ_j5DhL3LrT TIME VALUE OF MONEY AND CASH FLOWS Present value, future value, and annuities: https://www.youtube.com/playlist?list=PLxP0KZzCGFYO1NtpU1NGpelY0XB_VyjcC Statement of cash flows: operating, investing, financing, direct and indirect methods: https://www.youtube.com/playlist?list=PLxP0KZzCGFYNgVTIBLQUwVkFA3qt-UT9H ADDITIONAL LESSONS IN THE FULL COURSE Partnership formation, income allocation, admission, withdrawal, and liquidation; debt and equity investments; the equity method; bond pricing and effective-interest amortization; earnings per share, dividend yield, and book value per share. COMMON QUESTIONS Can a beginner use this financial accounting course? Yes. Start with the introductory lessons and work through the accounting cycle before moving to individual account topics. Pause the examples and prepare your own entries before checking the solution. Is this a complete CPA or CMA exam review? This is a financial accounting course and foundation for further exam study. Follow your applicable exam blueprint for the additional topics and depth required. How do the financial statements connect? Net income affects retained earnings; ending retained earnings appears within equity on the balance sheet. The cash flow statement explains changes in cash through operating, investing, and financing activities. #FinancialAccounting #PrinciplesOfAccounting #AccountingBasics

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Farhat Lectures | CPA, CMA, EA & Accounting

Farhat Lectures helps CPA, CMA, and Enrolled Agent (EA) candidates and accounting students understand difficult topics step by step, so the material actually clicks. Created by Professor Mansour Farhat, CPA, a university accounting professor. Since 2006, the channel has grown to 2,400+ lessons and 19 million+ views. What you'll find: • CPA Exam: FAR, AUD, REG, BAR, ISC, TCP • CMA Exam Parts 1 & 2 and the EA Exam • College courses: financial, intermediate, advanced, managerial, cost, governmental & nonprofit accounting, auditing, tax, and finance Use it alongside Becker, UWorld, Gleim, Surgent, Miles, or your college textbook. At FarhatLectures.com, every video has an interactive exercise, plus MCQs, simulations, notes, podcasts, and Farhat.AI study tools. Try the free sample course, no registration or credit card needed. Education, Innovation & Motivation.