acclets

Financial Accounting Acclets -- Complete List
	Acclet #		Acclet Title		Acclet Description
Accounting Cycle (corporation)-Basic
	1		Introduction to Financial Accounting		What accounting is and why it is important
	2a		Accounting Terms		Short definitions of basic terms
	2b		Two Tips		Two tips -- short definitions and account name endings
	3		The Accounting Equation		The accounting equation
	4a-4d		Recording Transactions		Record 10 basic trans beneath the acctg equation
	5		Left and Right		The debit/credit system
	6		Use Left/Right System to Record Transactions		Use debit/credit system to record trans in T-accts, prepare trial balance
	7		Record Transactions in Journal		Record transactions in journal
	8		Steps in the Accounting Process		Steps in the accounting process
	9		Post to the Ledger		Post to 4-column ledger accounts
	9b		Introduction to Retained Earnings		How retained earnings works
	10		Prepare Financial Statements		Prepare basic I/S, SRE, BS
Accounting Cycle (corporation)-Expanded
	11		Introduction to Adjusting Entries		What necessitates adjusting entries
	12		Adjusting Entries -- Prepaid Expense		Example of a prepaid expense adjustment
	13		Adjusting Entries -- Accrued Expense		Example of an accrued expense adjustment
	14		Adjusting Entries -- Accrued Revenue		Example of an accrued revenue adjustment
	15		Adjusting Entries -- Unearned Revenue		Example of an unearned revenue adjustment
	16		Adjusting Entries -- Depreciation		Example of a depreciation adjustment
	17		Adjusting Entries -- Short Cuts		Strategies for mastering adjusting entries
	18		Steps in the Accounting Process -- Adjusted		Steps in the accounting process including adjustments
	19		Classified Balance Sheet		Why and how to prepare a classified bal. sheet
	20		Closing Entries		Why and how to journalize closing entries
	20b		Retained Earnings		How closing entries affect retained earnings
	21		Steps in the Accounting Process -- Final List		Complete set of steps in the accounting cycle
Cash
	22		Bank reconciliation -- Part 1		Reconcile a bank account
	23		Bank reconciliation -- Part 2		Journalize adjusting entries from bank reconciliation
	24a		Petty Cash -- Part 1		Account for petty cash -- no over or short
	24b		Petty Cash -- Part 2		Account for petty cash -- over and short
Accounts Receivable
	25		Uncollectible Accounts Receivable -- Part 1		Allowance method
	26		Uncollectible Accounts Receivable -- Part 2		Allowance method -- "revenue approach"
	27a		Uncollectible Accounts Receivable -- Part 3		Allowance method -- "receivables approach"
	27b		Uncollectible Accounts Receivable -- Part 4		Allowance method -- Short Cuts
Short-Term Notes Receivable
	28		Calculate Interest		Use formula to calculate interest
	29		Notes Receivable -- Part 1		Account for "balloon" N/R (no interest accrual)
	30		Notes Receivable -- Part 2		Account for "balloon" N/R (with interest accrual)
Merchandise Inventory
	31		Merchandise Inventory -- Part 1		Account for buying merchandise inventory-perpetual method
	32		Merchandise Inventory -- Part 2		Account for selling merchandise inventory-perpetual method
	32b		Merchandise Inventory -- Adjusting Entries-Part 1		Prepare adjusting entry for sales returns
	32c		Merchandise Inventory -- Adjusting Entries-Part 2		Prepare adjusting entries for sales returns
	33		Merchandise Inventory -- Part 3		Prepare a multi-step income statement
	34		Merchandise Inventory -- Part 4		Inventory cost flow pattern
	35		Merchandise Inventory -- Part 5		Inventory costing methods-specific ID, FIFO, LIFO, wtd. avg.
	36a		Merchandise Inventory -- Part 5a		Inventory costing-perpetual system, FIFO method
	36b		Merchandise Inventory -- Part 5b		Inventory costing-perpetual system, LIFO method
	36c		Merchandise Inventory -- Part 5c		Inventory costing-perpetual system, Weighted Average method
	38		Merchandise Inventory -- Part 6		Use Gross Profit method to estimate cost of ending inventory
Short-Term Investments
	39		Short-Term Investments		Account for investment in stock (within an accounting period)
	39a		Short-Term Investments-Part 2		Adjust trading securities to fair value
Non-Current Assets
	40		Depreciation -- Part 1		Depreciation -- Straight Line
	41		Depreciation -- Part 2		Depreciation -- Units of Production
	42a		Depreciation -- Part 3		Depreciation -- Double Declining Balance
	42b		Depreciation -- Part 4		Depreciation -- compare methods
	43		Depreciation -- Part 5		Asset disposals -- discard, sell, exchange at a loss
	43a		Depletion of Natural Resources		Account for depletion of natural resources
	43b		Amortization of Intangible Assets		Account for amortization of intangible assets
Current Liabilities
	44		Notes Payable -- Part 1		Account for "balloon" N/P (no interest accrual)
	45		Notes Payable -- Part 2		Account for "balloon" N/P (with interest accrual)
	47		Warranties		Account for warranties
	48		Sales Taxes		Account for the collection and remittance of sales taxes
	49a		Payroll Register		Account for basic payroll
	49b		Employer Payroll Taxes		Account for basic employer payroll taxes
Non-Current Liabilities
	46		Installment Notes		Account for installment notes payable
	46a		Discounted Notes Payable		Account for discounted notes payable
	50		Present and Futures Values -- Part 1		Simple & compound interest, PV & FV of a single deposit
	51		Present and Futures Values -- Part 2		Present & future values of an annuity
	52		Issue Bonds -- Introduction		Issue bonds at face value
	53		Present Value of Bonds		Calculate the present value of bonds
	54		Issue Bonds -- Discount		Account for bonds issued at a discount
	55		Issue Bonds -- Premium		Account for bonds issued at a premium
Stockholders' Equity
	56a		Stockholders' Equity -- Part 1		Account for issuing common and preferred stock
	56b		Stockholders' Equity -- Part 2		Account for buying and selling treasury stock
	56c		Stockholders' Equity -- Part 3		Account for cash dividend
	57		Stockholders' Equity -- Part 4		Account for stock dividend and stock split
	58		Stockholders' Equity -- Part 5		Allocate cash dividends -- non-cumulative preferred stock
	59		Stockholders' Equity -- Part 6		Allocate cash dividends -- cumulative preferred stock
	59a		Statement of Retained Earnings		Prepare a statement of retained earnings
	59b1		Statement of Stockholders' Equity -- Part 1		Prepare a statement of stockholders' equity-Part 1
	59b2		Statement of Stockholders' Equity -- Part 2		Prepare a statement of stockholders' equity-Part 2
Statement of Cash Flows
	60		Statement of Cash Flows -- Introduction		Introduction to the statement of cash flows (SCF)
	61		Statement of Cash Flows -- Skeleton		Prepare a skeleton of the SCF-direct method
	62		Prepare Statement of Cash Flows -- Part 1		Prepare a partial SCF-direct method (cash pieces provided)
	63		Prepare Statement of Cash Flows -- Part 2		Complete the SCF-reconciliation of NI to CF from Operating Activities
Financial Statement Analysis
	110		Financial Ratios -- Introduction		Review financial statements
	111		Current Ratio		Calculate and interpret current ratio
	112		Quick (Acid Test) Ratio		Calculate and interpret quick ratio
	113a		Accounts Receivable Turnover		Calculate and interpret accounts receivable turnover
	113b		Days' Sales in Receivables		Calculate and interpret days' sales in receivables
	114a		Inventory Turnover		Calculate and interpret inventory turnover
	118		Debt to Equity Ratio		Calculate and interpret debt to equity ratio
	119b		Return on Assets (ROA)		Calculate and interpret return on (total) assets
	119c		Return on Common Stockholders' Equity (ROE)		Calculate and interpret return on (common stockholders') equity