Advanced Accounting

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Advanced Accounting

76 Lessons
6h 5m
98,252 Students

Master accounting topics that pose a particular challenge to finance professionals. Includes 6+ hours of step-by-step video instruction filled with real world exercises for advanced accounting.

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Complex Accounting Topics Demystified

A practical look at the "blind spots" of accounting — topics that appear frequently in real-world financial analysis but aren't covered in most accounting courses.
Covers stock based compensation, deferred taxes, financial instruments, debt accounting, lease Accounting, M&A accounting and more
Filled with step-by-step exercises encountered on the job.

This course is used to train new hires at:

Who is This Program For?

This advanced accounting course is designed for professionals and those pursing a career in the following finance careers:

Investment Banking
Buy-Side Equity Research
Sell-Side Equity Research
Private Equity
Credit Research
FP&A and Corporate Finance

Course Highlights

Taught by Bankers

Our instructors are former I-bankers who give lessons real-world context by connecting it to their experience on the desk.

Used on the Street

This is the same comprehensive course our corporate clients use to prepare their analysts and associates.

1.5x, 2x Video Speed

Save loads of time by bumping up playback speed to breeze through lessons at your own pace.

Instructor Support

Have a question on course content? Communicate directly with instructors by asking questions throughout the course.

Course Samples

Paying in Excess of BV Exercise

Deferred Tax Liabilities Exercise, Part 2

Lease accounting IFRS vs. US GAAP

Course TOC

Chapter 1: Deferred Taxes

1. Advanced Accounting Course Welcome 1:28

2. Course Downloads Files

3. Introduction to Deferred Taxes 8:26

4. Deferred Tax Liabilities Exercise, Part 1 10:54

5. Deferred Tax Liabilities Exercise, Part 2 3:08

6. Book vs. Tax Basis 1:55

7. Deferred Tax Assets Exercise, Part 1 11:07

8. Deferred Tax Assets Exercise, Part 2 2:39

9. Introduction to NOLs 2:44

10. NOLs illustration 7:27

11. NOLs-related tax journal entries 1:53

12. NOLs exercise solution 7:43

13. Valuation Allowance 4:46

14. Valuation Allowance Journal Entries 3:21

15. Presentation of NOLs in Financials 1:12

Chapter 2: Stock Based Compensation

16. Stock Based Compensation 5:05

17. Stock Based Compensation Accounting: Journal Entries Reading

Chapter 3: Intercompany Investments

18. Introduction to Intercompany Investments 7:16

19. Trading, Available for Sale & Held to Maturity Securities 6:55

20. Equity Method, Part 1 5:52

21. Equity Method, Part 2 6:37

22. Deferred Taxes & Dividends Received Deductions Arising From Equity Investments 13:39

23. Paying in Excess of Book Value Under Equity Method 6:34

24. Paying in Excess of BV Exercise 9:45

25. Consolidation Method & Noncontrolling Interests, Part 1 7:48

26. Consolidation Method & Noncontrolling Interests, Part 2 10:48

27. Consolidation Method & Paying in Excess of BV 14:48

28. Advanced Accounting Review 1 Quiz

Chapter 4: Debt Accounting; PIK; Capitalized Interest; OID & OIP

29. Introduction & PIK Debt 5:44

30. Capitalized Interest 3:21

31. Original Issue Discount 4:34

32. OID Zero Coupon Exercise 6:29

33. OID With Coupon Exercise 4:41

34. OIP With Coupon Exercise 3:43

35. Debt Accounting: Financing Fees Reading

36. Deferred Taxes Arising from OID & OIP 3:21

37. Deferred Taxes Arising from OID & OIP, Exercise 1 14:29

38. Deferred Taxes Arising from OID & OIP, Exercise 2 4:17

39. Deferred Taxes Arising from OID & OIP, Exercise 3 4:58

Chapter 5: Lease Accounting

40. Introduction to Lease Accounting 2:22

41. Lease accounting IFRS vs. US GAAP 4:44

42. Lease Presentation on the Balance Sheet 5:30

43. Operating Lease Accounting Overview 2:49

44. Exercise: Straight-Line Rent Expense 3:34

45. Exercise: ROU and Lease Liability Initial Entries 4:08

46. Imputed Interest 2:16

47. ROU Depreciation Amortization 5:59

48. Lease Liability Accounting 3:32

49. ROU Asset and Lease Liability Roll-Forward 5:15

50. Operating Lease Journal Entries 2:02

51. Finance vs Operating Lease Classification 2:38

52. Finance Lease Accounting 5:00

53. Finance Lease Roll Forwards 3:30

54. Lease Footnote Disclosures 3:22

55. Cash Flow Statement Leases Presentation 4:56

56. Lease Accounting Summary 2:36

Chapter 6: Lease Accounting Nuances

57. Impact of Lease Commencement Payment 6:18

58. Lease Liability Rollforward Walk Though 4:42

59. ROU Exercise: Operating Leases 2:24

60. ROU Exercise: Operating Leases Walk Through 1:13

61. Exercise: Finance Leases 3:11

Chapter 7: Stock Sale v Asset Sale

62. Stock Sale v. Asset Sale Intro 2:43

63. Tax Basis Step Ups in Stock sale vs Asset sale 5:34

64. Quantifying PV of Acquirer Tax Benefits in Tax Basis Step Up 4:58

65. Seller Preferences in M&A Deal Structuring 3:51

66. Calculating Target Proceeds in M&A in Asset vs. Stock Sale 9:54

67. Taxable Sales: Introduction and Acquirer Perspective 3:15

68. Taxable Sales including 338(h)(10): Target Perspective 3:07

69. NOLs in M&A 2:02

70. NOLS in M&A exercise 6:48

71. NOLs for 80%+ owned subsidiaries 1:21

72. Selling S-Corporations and subsidiaries 2:09

73. Aggregate Deemed Sales Price (ADSP) 1:56

74. Taxable Sales Exercise 11:28

75. Nontaxable Sales 3:46

76. Advanced Accounting Review 3 Quiz

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