Description
Fake cash method—Classic accounting framework for converting to and from cash flow. This method is intuitive because, in a simple construction, cash and net income are equal and opposite.
T-account methods to solve intercompany sales and foreign currency transactions.
January 2023 update to consolidated financial statements. July 2021 updates to remove IFRS, pension accounting and derivative accounting.
Details
Looking to conquer the Financial Accounting and Reporting section of the CPA Exam? At Least Know This - CPA Review 2023 has got you covered! Our meticulously researched and presented review focuses on simplifying complex concepts, ensuring you don't need to memorize endless pages to ace the exam. With a concise 45-page overview, our book optimizes your learning with small font, tables for efficient information comparison, and practical examples for better retention.
One standout feature of At Least Know This is the innovative Fake Cash method, a classic accounting framework that simplifies cash flow conversions. By making cash and net income easy to understand and apply, you'll grasp crucial concepts with ease. Plus, our T-account methods for solving intercompany sales and foreign currency transactions streamline your learning process, making intricate topics more approachable and manageable.
Stay up-to-date with our January 2023 update on consolidated financial statements and benefit from the removal of IFRS, pension accounting, and derivative accounting complexities in our July 2021 revision. At Least Know This - CPA Review 2023 is your ultimate companion for mastering Financial Accounting and Reporting for the CPA Exam. Don't let the vast content overwhelm you - simplify your study approach with our efficient and effective book!
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