Wiley CPA exam review fast track study guide

✍ Scribed by Ray Whittington

• Publisher: John Wiley
• Year: 2008
• Tongue: English
• Leaves: 384
• Edition: 4th ed
• Category: Library

✦ Synopsis

Content: Auditing And Attestation. Overview Of An Attest Function. Audit Opinions. Use Of Report Of Another Auditor. Comparative Financial Statements. Compilations And Reviews. Overview Of The Audit Of Financial Statements. Audit Risk. Internal Control. Evidence Gathering. Accounts Receivable And Revenues. Statistical Sampling. Inventory And Accounts Payable. Auditing With Technology. Flowcharting. Cash Receipts And Cash Balances. Special Reports And Other Reports. Long-Term Liabilities And Contingencies. Payroll. Land, Buildings, And Equipment. Investments. Financial Accounting And Reporting. Accounts Receivable And Bad Debt Expense. Present Value Computations. Land, Buildings, And Equipment (Fixed Assets). Bonds And Notes; Payables And Investments (If To Be Held Till Maturity). Miscellaneous Financial Statements. Stockholders' Equity. Accounting For Leases. Miscellaneous Accounting Concepts. Marketable Securities. Long-Term Construction Contracts. Installment Sales Methods. Structure Of An Income Statement. Contingencies And Other Losses And Liabilities. Deferred Income Taxes. Equity Method Of Accounting For Investments. Consolidated Financial Information. Statement Of Cash Flows. Intangible Assets. Pension Accounting. Inventory. Accounting Changes. Partnership Accounting. Financial Instruments. Earnings Per Share. Foreign Currency Balances. Disposal Of A Component. Reporting Segments Of An Enterprise. Governmental Accounting-Fund Accounting And Financial Statements. Governmental Accounting-Financial Reporting Process. Accounting For Not-For-Profit Organizations. Regulation. Professional Responsibilities. Federal Securities Regulations. Sarbanes-Oxley Act. Contracts. Agency. Sales-Uniform Commercial Code (Article 2). Secured Transactions - Uniform Commercial Code (Article 9). Negotiable Instruments. Bankruptcy. Debtor And Creditor Rights. Real Property. Employment Laws And Environmental Regulations. Insurance. Overview Of Individual Income Taxes. Individual Income Taxes-Income. Individual Income Taxes-Exchanges. Individual Income Taxes-Deductions For Adjusted Gross Income (AGI). Individual Income Taxes-Itemized Deductions. Individual Income Taxes-Tax Credits. Income Taxation Of Partnerships And S Corporations. Corporate Income Taxes-Income. Corporate Income Taxes-Expenses. Corporate Income Taxes-Other Areas. Other Taxation Areas. Business Environment And Concepts. Business Structure. Information Technology. Microeconomics. Macroeconomics. Business Strategy. Financial Management. Working Capital Management. Financing Current Assets. Capital Structure. Risk Management. Capital Budgeting. Quantitative Methods. Performance Measures. Quality Control Principles. Financial Planning. Cost-Volume-Profit Analysis. Cost Accounting. Variance Analysis

✦ Table of Contents

Wiley CPA Exam Review Fast Track Study Guide 4th Edition......Page 3
TABLE OF CONTENTS......Page 5
INTRODUCTION......Page 7
TABLE OF CONTENTS AUDITING AND ATTESTATION......Page 9
OVERVIEW OF AN ATTEST FUNCTION......Page 11
AUDIT OPINIONS......Page 15
USE OF REPORT OF ANOTHER AUDITOR......Page 21
COMPARATIVE FINANCIAL STATEMENTS......Page 23
COMPILATIONS AND REVIEWS......Page 26
OVERVIEW OF THE AUDIT OF FINANCIAL STATEMENTS......Page 30
AUDIT RISK......Page 33
INTERNAL CONTROL......Page 39
EVIDENCE GATHERING......Page 44
ACCOUNTS RECEIVABLE AND REVENUES......Page 52
STATISTICAL SAMPLING......Page 57
INVENTORY AND ACCOUNTS PAYABLE......Page 63
AUDITING WITH TECHNOLOGY......Page 68
FLOWCHARTING......Page 70
CASH RECEIPTS AND CASH BALANCES......Page 72
SPECIAL REPORTS AND OTHER REPORTS......Page 75
LONG-TERM LIABILITIES AND CONTINGENCIES......Page 80
PAYROLL......Page 83
LAND, BUILDINGS, AND EQUIPMENT......Page 85
INVESTMENTS......Page 87
INDEX......Page 90
FINANCIAL ACCOUNTING AND REPORTING......Page 94
ACCOUNTS RECEIVABLE AND BAD DEBT EXPENSE......Page 95
PRESENT VALUE COMPUTATIONS......Page 99
LAND, BUILDINGS, AND EQUIPMENT (FIXED ASSETS)......Page 102
BONDS AND NOTES; PAYABLES AND INVESTMENTS (IF TO BE HELD TILL MATURITY)......Page 107
MISCELLANEOUS FINANCIAL STATEMENTS......Page 112
STOCKHOLDERS’ EQUITY......Page 114
ACCOUNTING FOR LEASES......Page 119
MISCELLANEOUS ACCOUNTING CONCEPTS......Page 123
MARKETABLE SECURITIES......Page 126
LONG-TERM CONSTRUCTION CONTRACTS......Page 129
INSTALLMENT SALES METHODS......Page 131
STRUCTURE OF AN INCOME STATEMENT......Page 133
CONTINGENCIES AND OTHER LOSSES AND LIABILITIES......Page 136
DEFERRED INCOME TAXES......Page 138
EQUITY METHOD OF ACCOUNTING FOR INVESTMENTS......Page 143
CONSOLIDATED FINANCIAL INFORMATION......Page 146
STATEMENT OF CASH FLOWS......Page 151
INTANGIBLE ASSETS......Page 156
PENSION ACCOUNTING......Page 159
INVENTORY......Page 163
ACCOUNTING CHANGES......Page 168
PARTNERSHIP ACCOUNTING......Page 170
FINANCIAL INSTRUMENTS......Page 173
EARNINGS PER SHARE......Page 175
FOREIGN CURRENCY BALANCES......Page 178
DISPOSAL OF A COMPONENT......Page 182
REPORTING SEGMENTS OF AN ENTERPRISE......Page 183
GOVERNMENTAL ACCOUNTING—FUND ACCOUNTING AND FINANCIAL STATEMENTS......Page 185
GOVERNMENTAL ACCOUNTING—FINANCIAL REPORTING PROCESS......Page 191
ACCOUNTING FOR NOT-FOR-PROFIT ORGANIZATIONS......Page 200
INDEX......Page 205
TABLE OF CONTENTS REGULATION......Page 209
PROFESSIONAL RESPONSIBILITIES......Page 211
FEDERAL SECURITIES REGULATIONS......Page 215
SARBANES-OXLEY ACT......Page 223
CONTRACTS......Page 225
AGENCY......Page 235
SALES—UNIFORM COMMERCIAL CODE (ARTICLE 2)......Page 238
SECURED TRANSACTIONS—UNIFORM COMMERCIAL CODE (ARTICLE 9)......Page 244
NEGOTIABLE INSTRUMENTS......Page 248
BANKRUPTCY......Page 253
DEBTOR AND CREDITOR RIGHTS......Page 261
REAL PROPERTY......Page 264
EMPLOYMENT LAWS AND ENVIRONMENTAL REGULATIONS......Page 268
INSURANCE......Page 275
OVERVIEW OF INDIVIDUAL INCOME TAXES......Page 278
INDIVIDUAL INCOME TAXES—INCOME......Page 282
INDIVIDUAL INCOME TAXES—EXCHANGES......Page 286
INDIVIDUAL INCOME TAXES—DEDUCTIONS FOR ADJUSTED GROSS INCOME (AGI)......Page 290
INDIVIDUAL INCOME TAXES—ITEMIZED DEDUCTIONS......Page 293
INDIVIDUAL INCOME TAXES—TAX CREDITS......Page 297
INCOME TAXATION OF PARTNERSHIPS AND S CORPORATIONS......Page 299
CORPORATE INCOME TAXES—INCOME......Page 304
CORPORATE INCOME TAXES—EXPENSES......Page 307
CORPORATE INCOME TAXES—OTHER AREAS......Page 310
OTHER TAXATION AREAS......Page 315
INDEX......Page 318
TABLE OF CONTENTS BUSINESS ENVIRONMENT AND CONCEPTS......Page 323
BUSINESS STRUCTURE......Page 325
INFORMATION TECHNOLOGY......Page 332
MICROECONOMICS......Page 338
MACROECONOMICS......Page 340
BUSINESS STRATEGY......Page 344
FINANCIAL MANAGEMENT......Page 346
WORKING CAPITAL MANAGEMENT......Page 347
FINANCING CURRENT ASSETS......Page 352
CAPITAL STRUCTURE......Page 354
RISK MANAGEMENT......Page 358
CAPITAL BUDGETING......Page 361
QUANTITATIVE METHODS......Page 364
PERFORMANCE MEASURES......Page 366
QUALITY CONTROL PRINCIPLES......Page 369
FINANCIAL PLANNING......Page 371
COST-VOLUME-PROFIT ANALYSIS......Page 373
COST ACCOUNTING......Page 375
VARIANCE ANALYSIS......Page 380
INDEX......Page 382