US GAAP - Quick and Easy

Develop a good understanding of US GAAP concepts quickly - Detailed documentation provided at the end of each session

3.79 (119 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
instructor
636
students
5 hours
content
Sep 2023
last update
$69.99
regular price

What you will learn

Quick and easy way to understand US GAAP (Generally accepted Accounting principles)

Detailed understanding and application of ASC (Accounting Standards Codification)

Relevant examples across all topics

Case study problems with Solutions

Description

This course is intended to provide a detailed understanding of the key US GAAP concepts spread across 41 lectures in a quick and easy manner.  This is the in-demand skill for all students and professionals in the Finance and Accounting field. So, If you are a Finance and Accounting student or a working professional, this course on US GAAP will enhance your student or professional journey tremendously.

We have curated the course to include all relevant and key topics of US GAAP. We have 41 course lectures with free downloadable course material that will be of great benefit and value at an unbeatable price.

The course covers the history and evolution of US GAAP, Accounting Standard codifications and set up,  Accounting principles, Accounting Standard updates, Standardized codification sections, Accounting Standard Codifications covering presentation of financial statements, components of financial statements and Audit requirements, Offsetting, Balance Sheet, Statement of Shareholder equity, Income statement - Reporting of comprehensive income, Changes in Accounting estimates, Statement of Cash flows, Direct versus Indirect method, Earnings per share, Inventory, Intangibles, Goodwill, Research and development costs, Impairment, Discontinued operations, Steps in revenue recognition model, Definition and classes of Inventory, Inventory valuation methodologies, Property, plant and equipment, 4 stages of incurring costs for PP&E, Depreciation, Asset retirement obligations, Contingencies, Revenue recognition, Income Taxes, Business combinations, Consolidation, Leases, Related party disclosures, Financial instruments, key differences between US GAAP and IFRS, Fair value measurements, Derivatives and hedging, Consolidated Financial statements and so on.

We hope you find this learning material useful and are able to extract the full benefits of the same.

Content

Introduction

Introduction to US GAAP
Quiz

Snapshot of US GAAP Codification, ASC and ASU

Snapshot of US GAAP codification
US GAAP codifications quiz

ASC set up and topics

ASC set up and codification sections
ASC set up quiz

ASC 205 - Balance sheet and disclosures

Components of financial statements
Balance sheet and Disclosures quiz

ASC 205 - Income statement presentation requirements

ASC 205 - Income statement presentation
Income statement presentation quiz

ASC 250 - Accounting principles

ASC 250 - Accounting principles
Accounting principles Quiz

ASC 360 - Property, plant and equipment

ASC 360 - Property, Plant and equipment
Quiz

Depreciation, disposal and asset retirement obligations

Depreciation, disposal and asset retirement obligations
Depreciation Quiz

ASC 350 - Intangible assets, R&D and goodwill

ASC 350 - Intangible assets, R&D and goodwill
Quiz on intangible assets

Discontinued operations

Discontinued operations

Adjustments to discontinued operations and disclosures

Adjustments to discontinued operations and disclosures

ASC 230 - Statement of cash flows

Statement of cash flows
Quiz on Cash flow statement

Reporting of Cash flow statements

Reporting of Cash flow statements
Cash flow statement quiz

ASC 450 - Contingencies

ASC 450 - Contingencies

Part 15 - Revenue ASC 605

Part 15 - Revenue ASC 605
Revenue recognition - Quiz

ASC 605 - Revenue recognition

ASC 605 - Revenue recognition

ASC 330 - Inventories

ASC 330 - Inventories
Quiz on inventories

Inventories - Cost flow methods

Inventories - Cost flow methods
Quiz on Cost flow methods of inventory valuation

Related party disclosures

Related party disclosures

ASC 842 - Leases

ASC 842 - Leases
Lease - Quiz

Lease payments, classification and accounting

Lease payments, classification and accounting
Quiz on Leases

Share based payments

Share based payments

Share based payments - Vesting conditions and repurchase provisions

Share based payments - Vesting conditions and repurchase provisions

ASC 280 - Segment reporting

ASC 280 - Segment reporting

ASC 740 - Income Taxes

ASC 740 - Income Taxes

Tax benefit recognition and disclosures

Tax benefit recognition and disclosures

ASC 260 - Earnings per share

ASC 260 - Earnings per share

Rights issue of shares

Rights issue of shares

ASC 715 - Post employment benefits

ASC 715 - Post employment benefits

Net periodic benefit cost - Post employment benefits

Net periodic benefit cost - Post employment benefits
Quiz on post employment benefits

ASC 820 - Fair value measurements

ASC 820 - Fair value measurements

ASC 825 - Financial instruments classification

ASC 825 - Financial instruments classification

Investment in equity securities

Investment in equity securities

ASC 480 - Investment in Equity Vs Liabilities

ASC 480 - Investment in Equity Vs Liabilities

Accounting for loans, Debt securities classification and CECL

Accounting for loans, Debt securities classification and CECL

Financial instruments - Impairment

Financial instruments - Impairment

ASC 815 - Derivatives

ASC 815 - Derivatives
Derivatives quiz

Hedging and methods of hedge accounting

Hedging and methods of hedge accounting

Transfer and servicing of financial assets

Transfer and servicing of financial assets
Transfer and servicing of financial assets - Quiz

ASC 805 - Business combinations

ASC 805 - Business combinations
Business combinations - Quiz

ASC 810 - Consolidated financial statements

ASC 810 - Consolidated financial statements
Consolidated financial statements - Quiz

Linking US GAAP principles to the financial statements

Linking US GAAP principles to the financial statements

Screenshots

US GAAP - Quick and Easy - Screenshot_01US GAAP - Quick and Easy - Screenshot_02US GAAP - Quick and Easy - Screenshot_03US GAAP - Quick and Easy - Screenshot_04

Reviews

Mambo
October 13, 2023
I had to sacrifice to complete this course. it's not an easy course to memorize but you have to be determined in order to achieve your goals.
Rafael
September 6, 2023
buen contenido, muy buen resumen, bien explicado solo me distrae un poco el acento de la persona que habla
A.
August 14, 2023
as I have only just begun the course I find it odd that I am expected to pass judgement on it at this early stage. So far, it has fulfilled my expectations, it is very informative and well presented. The authors kindly and thoughtfully provide written material too.
Sujit
July 5, 2023
Really like the documentation provided. Downloaded all of them including the insightful tips at the end of the course. Very helpful indeed.
Swarnali
April 30, 2023
Not good understanding. Does not explain the topic. Only reading what is written in the slide documents.
Keerthana
April 28, 2023
Absolutely fantastic. This course helped me prepare for my exams and I am genuinely thankful to the trainer for covering and explaining the key topics in a quick and easy-to-understand manner. The examples were really nice and gave me good exposure to the different scenarios. I am also using the documentation provided after each session as a reference guide. Overall, Amazing course. Looking forward to more such courses. Thank you!
Joann
April 11, 2023
Instructor so far is just reading off the slides not really explaining what it adds lol means and how it is applied in real life maybe as the course continues it will get better
Athena.PM
April 7, 2023
Thank you for creating this content. It has been curated and presented in a very eloquent and clear manner. It has given me a very good understanding of the concepts and the examples provided are very helpful. The quiz at the end of each session reinforces my understanding of what I have learned and I am able to pause and reflect on the sessions regularly. Very happy to have selected this course. Absolutely 100x value for money.

Charts

Price

US GAAP - Quick and Easy - Price chart

Rating

US GAAP - Quick and Easy - Ratings chart

Enrollment distribution

US GAAP - Quick and Easy - Distribution chart

Related Topics

5198504
udemy ID
3/7/2023
course created date
4/9/2023
course indexed date
Bot
course submited by