Our latest free video lecture from the Wiley CPAexcel CPA Review Course is a must-watch. Why? Because it covers accrual accounting, one of the most heavily and consistently tested concepts on the CPA Exam.
Accrual Accounting – Must-Know Information!
This free CPA Exam lecture from the Wiley CPAexcel CPA Review Course presents an overview of GAAP and the basic theory of accrual accounting–must-know concepts for passing the FAR section of the exam.
Featuring Prof. Pam Smith of Northern Illinois University, this lecture details the components of an external financial report, GAAP (Generally Accepted Accounting Principles), the basic theory of accrual accounting and examples of accruals and deferrals.
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