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Wall Street Prep

Accounting Crash Course

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Accounting Crash Course

  •   54 Lessons
  •   6h 59m
  •   100,332 Students

Used widely at investment banks and universities, the Accounting Crash Course will bring trainees up to speed on the income statement, the balance sheet, the cash flow statement and more.

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Financial Accounting Demystified, Step-By-Step

  • Step-by-step video lessons make accounting accessible and are filled with real-world exercises that test and reinforce covered concepts.
  • Understand key financial filings like 10Ks and 10Qs and the inter-relationships between the income statement, balance sheet and cash flow statement.
  • The same online course leading financial institutions use to get new hires up to speed.
This course is used to train new hires at:

What You Will Learn

  • Balance sheet
  • Working capital
  • Inventories & COGS
  • Fixed assets & depreciation
  • Intangible assets & goodwill
  • Deferred tax assets/liabilities & income taxes
  • Retained earnings & net income
  • Capitalizing versus expensing
  • The cash flow statement
  • Financial ratio analysis

Course Samples

The Lemonade Stand Revisited
Cash From Operations
Linking the 3 Financial Statements

Course TOC

Chapter 1: Introduction to Accounting
1. Accounting Crash Course Welcome 1:30
2. Course Downloads Files
3. Overview: Why is Accounting Important? 9:54
4. Basic Accounting Principles 14:05
5. Financial Reportings & Important Filings 6:32
6. Reading the 10K 7:47
7. Accounting Introduction Review Quiz
Chapter 2: The Income Statement
8. Revenue 6:15
9. Revenue Recognition 8:38
10. Revenue Manipulation 3:13
11. COGS & Gross Profit 10:09
12. Selling, General & Administrative, Research & Development Expenses 5:10
13. Depreciation 12:13
14. Amortization 9:26
15. Stock Based Compensation Expense 5:22
16. Other Operating Expenses 9:14
17. Interest Expense and Interest Income 2:28
18. Other Non-Operating Items 6:12
19. Tax Expense 3:37
20. Net Income, EPS & Dividends 10:07
21. EBIT, EBITDA & Income Statement Summary 7:35
22. The Lemonade Stand, Part 1 8:10
23. The Lemonade Stand, Part 2 3:43
24. Income Statement Review Quiz
Chapter 3: The Balance Sheet
25. An Introduction to Assets 7:46
26. An Introduction to Liabilities 7:37
27. Double Entry Accounting 10:49
28. How the Income Statement Connects to the Balance Sheet 9:42
29. The Lemonade Stand Revisited 9:30
30. How Assets & Liabilities are Presented 4:07
31. Intro to the Balance Sheet Review Quiz
Chapter 4: Assets
32. Cash, Receivables & Prepaid Expenses 8:22
33. Inventory 21:33
34. Property, Plant & Equipment, Part 1 12:29
35. Property, Plant & Equipment, Part 2 8:14
36. Intangible Assets & Goodwill 12:34
37. Assets Review Quiz
Chapter 5: Liabilities & Equity
38. Payable, Accrued Expenses, Deferred Revenue & Debt 13:47
39. Lease Accounting Overview 3:10
40. Finance Leases, Part 1 6:47
41. Finance Leases, Part 2 5:51
42. Operating Leases 7:13
43. Lease Accounting Example 3:46
44. Equity 19:11
45. The Lemonade Stand, Part 3 30:43
46. Balance Sheet Review Quiz
Chapter 6: The Cash Flow Statement
47. The Cash Flow Statement 11:59
48. Cash From Operations 13:08
49. Cash From Financing & Cash From Investing 7:19
50. The Lemonade Stand, Part 4 7:21
51. Cash Flow Statement Review Quiz
Chapter 7: Financial Statement Analysis
52. Working Capital 101 Reading
53. Financial Statement Analysis 24:06
54. Financial Statement Analysis Review Quiz

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Earn CPE Credits with WSP Online Courses

Wall Street Prep is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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7 Free Financial Modeling Lessons

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