Video: Introduction to Cash and Cash Equivalents

Learn why coin and currency on hand, ordinary checks, and demand-deposit balances are cash. Then apply the cash-equivalent tests for short-term, highly liquid investments, including conversion to a known amount of cash and insignificant interest-rate risk. Use the general three-month original-maturity screen measured from acquisition, together with the other tests and the company's policy. A customer-receivable counterexample and certificate-of-deposit examples show why timing alone is not enough.

Create an account Get started free. No credit card required.
Financial Statement Accounts
Module: 9 Concepts, 123 Videos
Cash and Cash Equivalents Overview and Objectives
1:48
Introduction to Cash and Cash Equivalents
1:48
Cash Restriction Classification
0:53
Cash Balance Calculation Example
3:49
Bank Reconciliation
2:17
Cash and Cash Equivalents Summary
0:46
Cash and cash equivalents - Practice Questions
6:08
Trade Receivables Overview and Objectives
1:34
BASE Formula
1:31
Recording Cash Discounts
2:14
Valuing Accounts Receivable
3:09
Accounting for Uncollectible Receivables
4:47
Recognizing Notes Receivable
4:02
Disposing of Accounts Receivable and Notes Receivable
7:07
Trade Discounts
3:31
Writing Off of Accounts Receivable
3:09
Accounts Receivable Aging Schedule
1:29
Bad Debt Expense
3:32
Trade Receivables Summary
1:29
Trade receivables - Practice Questions
4:43
Inventory Overview and Objectives
1:51
Inventory Classification
0:46
Cost Flow of Manufacturing Companies
1:09
Items Included in the Inventory Account
2:01
Title Transfer: FOB Shipping Point and FOB Destination
3:58
Effects of Overstating and Understating Inventory
1:51
Costs Included in Inventory
1:27
Cost Flow Methods
1:31
Inventory Valuation Using LIFO and FIFO
4:05
Cost Flow Methods Examples
7:08
The LIFO Reserve Concept
2:48
Removing LIFO Inventory Layers
2:46
Dollar Value LIFO Example
2:52
LIFO Advantages and Disadvantages
1:21
Example of FIFO Valuation
4:56
Example of Weighted Average Valuation
1:24
Example of Moving Average Valuation
2:39
Example of LIFO Valuation: Periodic Inventory System
1:40
Example of LIFO Valuation: Perpetual Inventory System
1:52
Inventory Summary
2:35
Inventory - Practice Questions
7:44
Property, Plant and Equipment Overview and Objectives
2:46
Introduction to Property, Plant and Equipment
1:13
Cost of Acquiring Fixed Assets
2:12
Land Costs
1:24
Plant Costs
3:00
Improvements to Property, Plant and Equipment
1:04
Capitalizing vs Expensing
3:33
Equipment Costs
3:04
Interest Capitalization
3:31
Property, Plant and Equipment Calculation Examples
3:48
Valuation Issues
1:39
Exchanges of Nonmonetary Assets
2:17
Disposal of Property, Plant and Equipment
4:07
Costs Subsequent to Acquisition
0:34
Asset Disposal Journal Entries
4:24
Net Book Value Calculation
1:21
Composite Depreciation
1:18
Property, Plant and Equipment Summary
1:17
Property, plant and equipment - Practice Questions
5:27
Intangibles Overview and Objectives
2:55
Tangible Versus Intangible Assets
1:36
Classification of Intangible Assets
3:30
Valuation of Intangible Assets
5:00
Capitalization of Costs
2:42
Amortization of Intangibles
3:37
Treatment of Start-up Costs
2:15
Franchisee Accounting
3:54
Franchisee Accounting Example
3:27
Goodwill from Business Combinations
4:00
Goodwill Impairment
2:21
Goodwill Impairment Example
2:40
Intangibles Summary
1:09
Intangibles - Practice Questions
4:04
Payables and Accrued Liabilities Overview and Objectives
1:47
Current Liabilities
2:10
Recording Accounts Payable
6:03
Notes Payable
1:06
Current Portions of Long Term Debt
1:41
Dividends Payable and Returnable Deposits
2:19
Unearned Revenue
1:36
Sales Taxes and Income Taxes Payable
1:10
Analysis of Current Liabilities
1:37
Long Term Debt
1:28
Exit and Disposal Activities
5:46
Payables and Accrued Liabilities Summary
1:07
Payables and accrued liabilities - Practice Questions
6:29
Equity Overview
1:14
Equity Objectives
0:55
Stockholders Rights
0:58
Stockholders Equity Components
2:56
Basics of Common Stock
3:03
Additional Paid-In Capital
1:28
Basics of Treasury Stock
2:04
Treasury Stock at Cost Method
4:46
Basics of Preferred Stock
4:09
Types of Preferred Stock
4:59
Stock Options and Stock Appreciation Rights
18:09
Types of Dividends
7:02
Statement of Stockholders Equity
0:38
Formulas for Equity Analysis
0:37
Equity Summary
1:10
Equity - Practice Questions
9:52
Revenue Recognition Overview
1:16
Revenue Recognition Objectives
1:09
Guidelines for Revenue Recognition
7:45
Revenue Recognition Over Time: Criteria and Methods
3:31
Revenue Recognition Over Time: Cost-to-Cost
4:57
Revenue Recognition Over Time: Cost-to-Cost Example
5:38
Recognizing Losses on Long Term Contracts
1:58
Revenue Recognition Summary
0:34
Revenue Recognition - Practice Questions
3:24
Income Taxes Overview and Objectives
1:12
Basics of Deferred Taxes
1:26
Temporary Differences Between Income Tax Expense and Income Tax Liability
4:11
Permanent Differences Between Income Tax Expense and Income Tax Liability
3:58
Deferred Tax Assets and Liabilities
3:24
Deferred Taxes - Tax Rates
0:50
Revision of Future Tax Rates
2:18
Balance Sheet Presentation of Deferred Taxes
2:49
Net Operating Losses
1:02
Income Taxes Summary
0:31
Income taxes - Practice Questions
5:25