Reporting Use of Firm Resources and Taxation
We’ll begin this course with a look at inventory and learn how to link inventory valuation to gross profit. We’ll also explore the four principal inventory valuation methods and assess the pros and cons of each inventory valuation method. Next, we’ll learn how to measure the cost of long-lived assets and distinguish between expenses and capitalized items. We’ll learn how to compute depreciation under various depreciation methods and explain the effect of depreciation on cash flow. We’ll also learn how to compute gains and losses on disposal of fixed assets as well as account for the impairment of tangible assets.
Next, we’ll look at the concept of deferred taxes and learn how to distinguish between a deferred tax asset and liability. This course also teaches you on how to compute the value of a deferred tax liability and explains when and why a deferred tax liability would be considered an equity item.
This course is part 3 of the New York Institute of Finance’s Financial Accounting Professional Certificate.
What you'll learn
- Inventory
- Long-Lived Assets and Depreciation
- Taxes and Depreciation
- Deferred Taxes
- Mod 01: Inventory
- Mod 02: Long-Lived Assets and Depreciation
- Mod 03: Taxes and Depreciation
- Mod 04: Deferred Taxes
Get a Reminder
Rating | Not enough ratings |
---|---|
Length | 4 weeks |
Effort | 1 - 2 hours per week |
Starts | On Demand (Start anytime) |
Cost | $200 |
From | NYIF, New York Institute of Finance via edX |
Instructor | Jack Farmer |
Download Videos | On all desktop and mobile devices |
Language | English |
Subjects | Business |
Tags | Economics & Finance |
Get a Reminder
Similar Courses
Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile.
Valuation Services Specialist $57k
Regional Valuation Analyst $63k
Valuation Services - Analyst $76k
Securities Valuation Analyst $79k
Utility Valuation Analyst $82k
Valuation Control $82k
Summer Valuation Analyst $88k
Valuation $88k
Valuation & Advisory Services $90k
Business Valuation Professional $105k
Valuation Control Analyst $119k
Valuation Controller $151k
Write a review
Your opinion matters. Tell us what you think.
Please login to leave a review
Rating | Not enough ratings |
---|---|
Length | 4 weeks |
Effort | 1 - 2 hours per week |
Starts | On Demand (Start anytime) |
Cost | $200 |
From | NYIF, New York Institute of Finance via edX |
Instructor | Jack Farmer |
Download Videos | On all desktop and mobile devices |
Language | English |
Subjects | Business |
Tags | Economics & Finance |
Similar Courses
Sorted by relevance
Like this course?
Here's what to do next:
- Save this course for later
- Get more details from the course provider
- Enroll in this course