Used widely at investment banks and universities, the Accounting Crash Course will bring trainees up to speed on the income statement, the balance sheet, the cash flow statement and more.Course ObjectivesOur step-by-step video lessons make accounting accessible and are filled with real-world exercises that test and reinforce covered concepts.We begin with an analysis of basic accounting rules and the structure and composition of key financial filings like 10Ks and 10Qs. Then, we introduce the income statement, balance sheet, cash flow statement, and thoroughly analyze their important inter-relationships, line-by-line, all the while using real life examples to reinforce important concepts. The course concludes with a discussion of ratio analysis that ties together previously covered concepts. This course satisfies the accounting prerequisite for every Wall Street Prep financial modeling course. Step-by-step video lessons make accounting accessible, and are filled with real-world exercises that test and reinforce covered concepts.What You Will LearnBalance sheetWorking capitalInventories & COGSFixed assets & depreciationIntangible assets & goodwillDeferred tax assets/liabilities & income taxesRetained earnings & net incomeCapitalizing versus expensingThe cash flow statementFinancial ratio analysisWall Street Prep’s Accounting Crash Course is used at top financial institutions and business schools. Full Course AgendaChapter 1: Introduction to Accounting openIntroductionBasic Accounting PrinciplesFinancial Reportings & Important FilingsReading the 10KChapter 2: The Income Statement openRevenueRevenue RecognitionRevenue ManipulationCOGS & Gross ProfitSelling, General & Administrative, Research & DevelopmentExpensesDepreciationAmortizationNon-Operating Items & TaxesNet Income, EPS & DividendsEBIT, EBITDA & Income Statement SummaryThe Lemonade Stand, Part 1The Lemonade Stand, Part 2Chapter 3: The Balance Sheet openAn Introduction to AssetsAn Introduction to LiabilitiesDouble Entry AccountingHow the Income Statement Connects to the Balance SheetThe Lemonade Stand RevisitedHow Assets & Liabilities are PresentedChapter 4: Assets openCash, Receivables & Prepaid ExpensesInventoryProperty, Plant & Equipment, Part 1Property, Plant & Equipment, Part 2Intangible Assets & GoodwillChapter 5: Liabilities & Equity openPayable, Accrued Expenses, Deferred Revenue & DebtOperating & Capital LeasesEquityThe Lemonade Stand, Part 3Chapter 6: The Cash Flow Statement openThe Cash Flow StatementCash From OperationsCash From Financing & Cash From InvestingThe Lemonade Stand, Part 4Chapter 7: Financial Statement Analysis openFinancial Statement AnalysisTag: “Accounting Crash Course – Wall Street Prep” Review. “Accounting Crash Course – Wall Street Prep” download. “Accounting Crash Course – Wall Street Prep” discount.