Video: Balance Sheet Accounts with Fixed Versus Fluctuating Values

In this lesson, Nick Palazzolo, CPA, navigates the waters of balance sheet accounts, differentiating those with fixed values from those with fluctuating ones. He lays out the landscape for both assets and liabilities that stay constant as opposed to those that may ebb and flow with market conditions, such as stocks and investments. Nick ensures a firm grasp of the concepts by walking through examples of each and clarifies common confusions, such as the categorization of equities. Dive into this essential groundwork for understanding the nuanced dynamics of a company's balance sheet.

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Specialized Financial Reporting Topics
Module: 5 Concepts, 42 Videos
Derivatives and Hedge Accounting Overview
0:40
Derivatives and Hedge Accounting Objectives
1:03
Terminology for Derivatives and Hedge Accounting
6:24
Forwards and Futures
3:01
Interest Rate Swaps
2:09
Puts and Calls
1:29
Hedge Accounting
4:41
Derivatives and Hedge Accounting Summary
0:57
Derivatives and hedge accounting - Practice Questions
4:57
Foreign Currency Transactions and Translation Overview and Objectives
2:00
Terminology for Foreign Currency Transactions
9:54
Balance Sheet Accounts with Fixed Versus Fluctuating Values
0:38
Translation Versus Remeasurement
0:50
Translation Method of Converting Financial Statements
2:42
Remeasurement Method of Converting Financial Statements
2:45
Journal Entries for Foreign Currency Transactions
4:41
Foreign currency transactions and translation - Practice Questions
4:09
Leases Overview and Objectives
1:46
Introduction to Leases
3:10
Lease Classification Process
14:07
Lessee Accounting for Finance Leases
18:41
Lessee Accounting for Operating Leases
9:47
Lessor Accounting for Operating Leases
3:20
Lessor Accounting for Sales-Type Leases
9:13
Leases Summary
0:38
Leases - Practice Questions
8:11
Public Company Reporting Topics & EPS Overview and Objectives
1:06
Form 10-K
1:29
Accelerated and Large Accelerated Filers
1:17
Calculating Earning Per Share
3:14
Convertible Bonds
3:17
Convertible Preferred Stock
1:11
Stock Warrants and Rights
3:11
Stock Compensation Plans
1:28
Segment Reporting
5:56
Public Company Reporting Topics & EPS Summary
0:41
Public company reporting topics - Practice Questions
12:35
Compensated Absences Overview and Objectives
0:53
Employee Compensated Absences
1:21
Compensated Absences Example
3:49
Compensated Absences Summary
0:50
Compensated absences - Practice Questions
5:50