Table of contents

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1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Who is primarily responsible for the financial management of a corporation?

Chief Financial Officer (CFO)

Controller

Chief Executive Officer (CEO)

Chief Operating Officer (COO)

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Understand the roles of each position listed in the options: CFO, Controller, CEO, and COO.

The Chief Financial Officer (CFO) is primarily responsible for overseeing the financial management of a corporation, including financial planning, risk management, record-keeping, and reporting.

The Controller typically handles the accounting operations, such as preparing financial statements and ensuring compliance with accounting standards, but does not oversee overall financial strategy.

The Chief Executive Officer (CEO) is responsible for the overall management and strategic direction of the corporation, but financial management is typically delegated to the CFO.

The Chief Operating Officer (COO) focuses on the day-to-day operations of the corporation and does not primarily manage financial aspects.