Accounting Instruction, Help, & How To - Bob Steele
Bob Steele CPA: Accounting Instruction, Help, & How To
61 episodes
9 months ago
Goal: One stop location to find accounting information, help, and training. Differentiation – 1) Large comprehensive selection of topics including financial accounting, managerial accounting, tax, and small business tips. 2) Use of trial balance and chart of accounts including an explanation to understand more concepts as they relate to the accounting process as a whole, including the double entry accounting system, the chart of accounts, and debits and credits. Many books and resources focus on very limited aspects of a topic leaving us with little understanding of how it fits into the double entry accounting system, how it relates to debits and credits, and how it would be journalized to a trial balance. We make an effort to show these accounting relationships.
Learning Philosophy – Accounting is learned best by doing. Much of accounting should be learned with the use of electronic spreadsheets such as Excel or Google Sheets. Learning accounting is also the best way to learn how to use electronic spreadsheets. These are not 2 separate activities to be learned in isolation from each other, but rather they should be learned at the same time, so open up Excel or sign up to a free Google Sheets account and let’s work some problems.
Objectives:
• Provide learning resources to any user including accounting students, users who work in an accounting department or firm, or anybody who wants to learn more about accounting, and or, Excel
• Allow users to locate what they need in a quick and easy way
• Provide example problems which break down concepts into learnable parts
• Provide example problems that explain the use of electronic spreadsheets like Excel so that users can learn how to use these applications within a practical context
• Provide lectures that discuss accounting topics
• Provide reading material to explain accounting topics
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Goal: One stop location to find accounting information, help, and training. Differentiation – 1) Large comprehensive selection of topics including financial accounting, managerial accounting, tax, and small business tips. 2) Use of trial balance and chart of accounts including an explanation to understand more concepts as they relate to the accounting process as a whole, including the double entry accounting system, the chart of accounts, and debits and credits. Many books and resources focus on very limited aspects of a topic leaving us with little understanding of how it fits into the double entry accounting system, how it relates to debits and credits, and how it would be journalized to a trial balance. We make an effort to show these accounting relationships.
Learning Philosophy – Accounting is learned best by doing. Much of accounting should be learned with the use of electronic spreadsheets such as Excel or Google Sheets. Learning accounting is also the best way to learn how to use electronic spreadsheets. These are not 2 separate activities to be learned in isolation from each other, but rather they should be learned at the same time, so open up Excel or sign up to a free Google Sheets account and let’s work some problems.
Objectives:
• Provide learning resources to any user including accounting students, users who work in an accounting department or firm, or anybody who wants to learn more about accounting, and or, Excel
• Allow users to locate what they need in a quick and easy way
• Provide example problems which break down concepts into learnable parts
• Provide example problems that explain the use of electronic spreadsheets like Excel so that users can learn how to use these applications within a practical context
• Provide lectures that discuss accounting topics
• Provide reading material to explain accounting topics
Accounting for governmental and not for profit entities including an introduction of what government and not for profit entities are and starting off with a comparison with for-profit industries. Both in this discussion and within the development of accounting regulations we start with accounting designed around for-profit organizations and then look for those areas that […]
Inflation, – How to calculate using index, relationship between inflation and unemployment using the Phillips Curve, and discussion of what drives inflation.
Keynesian short run or demand model includes business cycles aggregate demand, short term aggregate supply, and long term aggregate supply. The basis for monetary and fiscal policy recommendations.
Classical model, long run, growth or supply-side, discussing the model most economists held before the 1930 and that has had some concepts come back since the 1970s.
Gross domestic product GDP, basic macro economic accounting term measuring performance, including C Consumption + I Income + G Government Spending + Net exports (exports – imports).
Market problems including externalities, public goods, and uneven information including pros and cons of government intervention for these market problems.
Economic core concepts of supply, demand & equilibrium including movement along supply and demand curve, shit in supply and demand curve, and discussion of market based economy & centrally planned economy.
Economic topic of production possibility frontier & comparative advantage are core principles in economics, demonstrating the use of models and concepts of scarcity, opportunity cost, and trade-offs in decision making.
Equivalent units calculation in process cost system to allocate direct material and conversion costs, direct labor & overhead, to proper process in process costs system.
Process cost system defined for manufacturing company including calculation of cost of goods manufactured and cost of goods sold, journal entries related to the process cost system, recording of journal entries to general ledger, and effect on trial balance accounts
Job cost system defined for manufacturing company including calculation of job cost report, journal entries related to the job cost system, recording of journal entries to general ledger, and effect on trial balance accounts
Economics introduction of what economics is and why learn economics, defining economics, exploring economic terms including micro economics and macroeconomics
Accounting Instruction, Help, & How To - Bob Steele
Goal: One stop location to find accounting information, help, and training. Differentiation – 1) Large comprehensive selection of topics including financial accounting, managerial accounting, tax, and small business tips. 2) Use of trial balance and chart of accounts including an explanation to understand more concepts as they relate to the accounting process as a whole, including the double entry accounting system, the chart of accounts, and debits and credits. Many books and resources focus on very limited aspects of a topic leaving us with little understanding of how it fits into the double entry accounting system, how it relates to debits and credits, and how it would be journalized to a trial balance. We make an effort to show these accounting relationships.
Learning Philosophy – Accounting is learned best by doing. Much of accounting should be learned with the use of electronic spreadsheets such as Excel or Google Sheets. Learning accounting is also the best way to learn how to use electronic spreadsheets. These are not 2 separate activities to be learned in isolation from each other, but rather they should be learned at the same time, so open up Excel or sign up to a free Google Sheets account and let’s work some problems.
Objectives:
• Provide learning resources to any user including accounting students, users who work in an accounting department or firm, or anybody who wants to learn more about accounting, and or, Excel
• Allow users to locate what they need in a quick and easy way
• Provide example problems which break down concepts into learnable parts
• Provide example problems that explain the use of electronic spreadsheets like Excel so that users can learn how to use these applications within a practical context
• Provide lectures that discuss accounting topics
• Provide reading material to explain accounting topics
