PreparED Study Materials
Notes
Videos
Understanding Cash Short & Over: Implications in Financial Management
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Discover the intricacies of "Cash Short and Over" in financial management. Grasp how discrepancies arise and their impact on business, and learn about the vital process of reconciliation.
Longhorn Corp: Net Income Distribution & Retained Earnings Explained
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the financial decisions of Longhorn Corporation in its debut year. Understand how net income distribution affects stockholders and the significance of retained earnings in maintaining company growth.
Cost vs. Market: Decoding Inventory Valuation in Financial Accounting
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Unpack the complexities of the 'Cost' and 'Market' concepts in financial accounting. Explore how inventory valuation impacts a business's financial health and the importance of conservative valuation in financial reporting.
Bond Holding-Period Return: Calculating Investment Yield
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the fundamentals of bond investments in this video, focusing on calculating the holding-period return. Learn how changes in yield to maturity can impact your investment returns. Discover the key factors affecting bond prices and make informed investment decisions.
Contra Revenue Accounts: Adjusting for True Revenue in Accounting
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Discover the unique role of contra revenue accounts in accounting, emphasizing their debit balance nature and their use in adjusting gross revenue. Explore examples like sales discounts, returns, and allowances to grasp their impact on a company's reported income.
Externalities: Market Effects & Societal Impacts
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the concept of externalities, the unintended market effects impacting third parties. Through examples of pollution and neighborhood beautification, understand how externalities can lead to market inefficiencies. Discover interventions, like taxes and subsidies, designed to align private and social costs.