Financial Accounting, Financial Statement, Accounting, Generally Accepted Accounting Principles, Accounting Terminology
Jan 30, 2019
It got tougher as it went along, but Professor Brian Bushee never failed to make it interesting or at the very least, understandable. His virtual students livened things up!
Feb 13, 2018
This entire course was very well done. I liked the professor and his virtual students. They asked (for the most part) relevant questions that added to my understanding.
We move to the right-hand side of the Balance Sheet this week with a look at Liabilities. We will start by covering time-value of money, which is the idea that $1 today is not worth the same as $1 in the future. Almost all liabilities involve a consideration of the time-value of money, so this will be an important foundation piece for you to understand. Then, we will cover accounting for bank debt, mortgages, and bonds. Next, we will move into the topic of "off-balance-sheet" liabilities with a discussion of Leases.