# Intermediate Financial Accounting (Self-Paced)

Canonical URL: <https://www.nobledesktop.com/classes/intermediate-financial-accounting-self-paced>

## Overview

Take your financial accounting skills to the next level with this self-paced Intermediate Financial Accounting course. Dive deeper into complex accounting principles and prepare for advanced financial reporting challenges. You'll begin by exploring the intricacies of income statements, including footnotes, management’s discussion, and elements like revenue recognition, stock-based compensation, interest expense, and capitalized interest. The course also covers handling unusual items, discontinued operations, restructuring charges, and an introduction to earnings per share (EPS), including options and convertible securities.

Next, you'll tackle deferred taxes, comparing book versus tax basis, understanding permanent differences, effective tax rates, and an introduction to Net Operating Losses (NOLs) and tax journal entries. The course also explores intercompany investments, equity method investments, debt accounting complexities, and related topics. By the end of the course, you'll be equipped to handle advanced accounting tasks with confidence.

## What you'll learn

- Prepare for advanced accounting tasks
- Learn intricate income statement processes
- Manage unusual items and earnings per share (EPS)
- Work with deferred taxes and tax journal entries
- Navigate intercompany investments
- Understand the complexities of debt accounting

## Curriculum

#### Advanced Income Statement

- Footnotes and management's discussion
- Revenue recognition
- Stock based compensation
- Interest expense and capitalized interest
- Unusual items
- Discontinued operations
- Restructuring changes
- EPS 
  - Intro to options
  - Convertible securities 

#### Deferred Taxes

- Book vs. tax basics
- Permanent differences and effective tax rates
- Temporary differences and deferred tax asset and liabilities
- Introduction to NOLs
- NOLs-related tax journal entries

#### Intercompany Investments

- Trading, available for sale, and held to maturity securies
- Equity method investments
- Noncontrolling interests
- Consolidation method and noncontrolling interests
- Consolidation method and paying in excess of BV

#### Debt Accounting

- PIK debt
- Capitalized interest
- Original issue discount
- Financing fees
- Deferred taxes arising from OID and OIP

## Pricing

**Tuition:** $325