Description
Gabriel Lip – CFI Education – Cash-to-Accrual Accounting download, Gabriel Lip – CFI Education – Cash-to-Accrual Accounting review, Gabriel Lip – CFI Education – Cash-to-Accrual Accounting free
Gabriel Lip – CFI Education – Cash-to-Accrual Accounting
Cash-to-Accrual Accounting
Explore the differences between cash and accrual accounting, practice adjusting statements from one to the other for suitable analysis, and approach financial information confidently.
Learn the questions and answers experts encounter when reviewing cash-based financial data
Practice adjusting cash receipts and cash disbursements to get an accrual-like income
Distinguish the differences in financial metrics when assessing cash versus accrual statements
Overview
Cash-to-Accrual Accounting Course Overview
Cash is king? Not when it comes to accrual information! Learn why cash-only information presents an incomplete picture for many users of financial data and how professionals work under such circumstances.
Financial decisions are often based on accrual information, including accounts receivable that generate credit sales, inventory production for future sales, and accounts payable that describe contractual obligations. These are not readily visible using cash-only data, so we must adjust from cash to get accrual-like information. With the adjustments, we may understand a company’s economics better when assessing financial performance. Accrual accounting, rather than cash accounting, generates an accrual income — the bottom line we care about.
We will use the adjustment principle and approach the steps necessary to convert from cash to accrual data. By experiencing the practice of taking cash-based accounting data and bringing it closer to accrual information, we can paint a suitable picture for financial decision-making.
Cash-to-Accrual Learning Objectives
Upon completing this course, you will be able to:
Differentiate the rationale for using cash and accrual information
Establish the approach to convert cash receipts and disbursements to relevant accrual data
Practice and adjust assets, liabilities, revenues, and expenses to get cash statements closer to an equivalent set of accrual statements
Link the different financial statements and distinguish their differences when looking at financial metrics
Who Should Take This Course?
This course is for all general business owners who work with lenders and financial professionals working with prospects and clients who rely on cash-based statements.
What you’ll learn
Introduction
Course Introduction
Learning Objectives
Download Course Presentation
Overview
Download Adjustments Summary
Introduction
Cash vs. Accrual Accounting Methods
Adjustment Principle
Interactive Exercise 1
Balance Sheet Assessment
Income Statement Assessment
Interactive Exercise 2
Cash Receipts
Adjust Cash Receipts
Adjust Accounts Receivable
Adjust Accounts Receivable – Excel Video
Adjust Accounts Receivable – Summary
Interactive Exercise 3
Adjust Inventory
Adjust Inventory – Excel Video 1
Adjust Inventory – Excel Video 2
Adjust Inventory – Summary
Interactive Exercise 4
Adjust Unearned Revenue
Cash Disbursements
Adjust Cash Disbursements
Adjust Consumable Assets
Adjust Consumable Assets – Excel Video 1
Adjust Consumable Assets – Excel Video 2
Adjust Consumable Assets – Summary
Interactive Exercise 5
Adjust Accounts Payable
Adjust Accounts Payable – Excel Video
Adjust Accounts Payable – Summary
Interactive Exercise 6
Other Cash and Non-Cash Expenses
Adjust Interest Payable
Adjust Interest Payable – Excel Video 1
Adjust Interest Payable – Excel Video 2
Adjust Interest Payable – Summary
Interactive Exercise 7
Adjust Taxes Payable
Adjust Taxes Payable – Excel Video
Adjust Taxes Payable – Summary
Interactive Exercise 8
Adjust Depreciation
Adjust Depreciation – Excel Video 1
Adjust Depreciation – Excel Video 2
Adjust Depreciation – Summary
Interactive Exercise 9
Adjust Deferred Tax Assets and Liabilities
Adjust Deferred Tax Assets and Liabilities – Excel Video
Conclusion and Impact
Impact on Profit
Impact on Financial Metric
Interactive Exercise 10
Course Summary
Download Completed Model
Course Conclusion
Qualified Assessment
Qualified Assessment
This Course is Part of the Following Programs
Commercial Banking & Credit Analyst (CBCA)
Cash-to-Accrual Accounting is part of the Commercial Banking & Credit Analyst (CBCA)®
Skills Learned
Financial Analysis, Credit Structuring, Risk Management
Career Prep
Commercial Banking, Credit Analyst, Private Lending
