Accounting Courses

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IFRS 15 and 16 – Revenue Recognition and Leases for All Industries

9 Lessons
12 hours
All Levels

The purpose of IFRS 15 is to define the rules …

What you'll learn
IFRS 15
revenue recognition standard
how to record revenue for startups, packages
how to record revenue for service companies
Case Study for IFRS 15
Learn IFRS 16 - Leases
A comparison between old standard IAS 17 and the new standard IFRS 16
Off balance sheet financing and the problems it caused in past and how IFRS 16 kills this
Understand what was wrong with the old standard and how does IFRS 16 solves those issues
Lessee Accounting - Measurement of Right of Use Asset and Lease Liability
Sale and lease back transactions.
Exemptions - Short period and small value leases
Remeasurement of lease liability
Lessor accounting for leases
Case studies to show the application of IFRS 16
Featured

Excel for Financial Reporting: Preparation of Financial Statements

1 Lesson
2 hours
Beginner

Financial statements serve as crucial tools for assessing the financial …

What you'll learn
Designing Chart of Accounts in Excel
Table Formatting for Journal Posting
Data Validation for COA List
Understanding Data source
Creating Pivot Table for Ledger Report
Customizing and Designing Pivot Table
Pivot Table Analize
Creating Slicer for Individual Ledger Report automatically
Automate Trial Balance by Pivot Table
Creating Profit and Loss account by using Vlookup
Creating Balance Sheet by using Vlookup
- Accounting Golden rules
- Double entry bookkeeping system (Debit and Credit)
- Ledgers or Chart of Accounts
- Bill, Invoice, Accounts Payable and Accounts Receivable
- Financial reports (P/L accounts and Balance sheet)
- Assets, Depreciation and Liability
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