Business Accounting: Video Series

Deferred revenue is an issue when not all of the risks and rewards of a sale have been transferred to the customer, and this is common in the technology industry. Find out how to recognize deferred revenue with information from a certified public accountant in this free video on accounting.

A return on equity can be calculated by dividing the net income by the average shareholder's equity. Find out how to determine how well management is using funds from shareholders with information from a certified public accountant in this free video on accounting.

Calculating dividend yield is done by dividing the dividends paid per share by the price per share to come up with a percentage. Compare this number to prior periods with information from a certified public accountant in this free video on accounting.

Calculating days payable can be done by dividing the accounts payable by the purchases for the period, or it can be done by dividing accounts payable by the cost of goods sold. Determine how well a company uses working capital with information from a certified public accountant in this free video on accounting.

Preparing a company bank reconciliation is similar to preparing a personal checkbook reconciliation, which involves using the bank statements, the details of the cash account, the company checkbook and the accounts payable. Prepare reconciliations with information from a certified public accountant in this free video on accounting.

When evaluating different accounting software, consider the ease of use, the processing time, the controls, the integration possibilities and the reporting capabilities. Find the right accounting software that fits the needs of the company with information from a certified public accountant in this free video on accounting.

Posting to ledgers is important for each accounting event, and the sub-ledgers should be linked to the general ledger. Find out how to properly post to ledgers with information from a certified public accountant in this free video on accounting.

Calculating percentage increase can be done by dividing the dollar amount of change that occurred by the base amount, which should result in a percentage of growth. Find out how much an amount has increased with information from a certified public accountant in this free video on accounting.

Creating an income statement is done by gathering the recorded journal entries that reflect the sales made and payroll paid, and by organizing the statement into sales, operating income, operating expenses and operating income before interest. Compile an income statement with information from a certified public accountant in this free video on accounting.

When implementing a new accounting system, consider its ease of use, the processing time, the controls, the data validation and the integration possibilities. Develop an accounting system to keep things organized with information from a certified public accountant in this free video on accounting.

Making a budget involves starting with this year's actuals and forecast to calculate an estimate for next year. Find ways to develop a company budget with information from a certified public accountant in this free video on accounting.

External audits for accounting determine how accurate the system is for recording sales, expenses and payroll. Understand the process of auditing with information from a certified public accountant in this free video on accounting.