Financial Accounting: Resources and Taxation
Master inventory valuation, asset management, and tax accounting in this comprehensive course from NYIF. Perfect for finance professionals.
Master inventory valuation, asset management, and tax accounting in this comprehensive course from NYIF. Perfect for finance professionals.
This practical course delves into essential aspects of financial accounting, focusing on inventory management, long-lived assets, and taxation. Students learn to connect inventory valuation with gross profit analysis, explore various depreciation methods, and understand deferred tax concepts. The curriculum covers four principal inventory valuation methods, measurement of long-lived assets, and computation of gains and losses on fixed assets. Special emphasis is placed on distinguishing between deferred tax assets and liabilities, making this course valuable for accounting and finance professionals.
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What you'll learn
Master inventory valuation methods and their impact on gross profit
Understand long-lived asset measurement and depreciation calculations
Learn to compute and account for deferred tax assets and liabilities
Manage fixed asset disposal and impairment calculations
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, exams
Access on Mobile, Tablet, Desktop
Limited Access access
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There are 4 modules in this course
This comprehensive financial accounting course explores critical aspects of resource management and taxation. The curriculum begins with inventory valuation techniques and their impact on gross profit calculations. Students learn about long-lived asset management, including capitalization criteria and various depreciation methods. The course covers key concepts in tax accounting, focusing on deferred taxes and their classification as assets or liabilities. Through practical examples and exercises, participants gain expertise in computing depreciation, handling asset disposals, and managing impairment of tangible assets.
Inventory
Module 1
Long-Lived Assets and Depreciation
Module 2
Taxes and Depreciation
Module 3
Deferred Taxes
Module 4
Fee Structure
Instructor
NYIF Instructor Specializing in Portfolio Risk Management and Derivatives
Jack Farmer is an instructor at the New York Institute of Finance (NYIF), where he specializes in training and consulting solutions for portfolio risk management, foreign exchange (FX) and interest rate derivatives, equity index and volatility trading, as well as financial statement analysis and hedge accounting. He holds a BS in Engineering and an MBA in Finance and Accounting from Tulane University, and is currently pursuing a PhD in Finance from the University of Texas at Austin. Jack's extensive expertise enables him to effectively educate students on complex financial concepts and risk management strategies.
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Frequently asked questions
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