Free CPA FAR (Financial Accounting & Reporting) Lessons

All 35 CPA FAR (Financial Accounting & Reporting) lessons are free to read, each with worked examples and audio narration. No signup required.

Financial Reporting

• Balance Sheet Preparation (17 min)
• Income Statement (17 min)
• Statement of Comprehensive Income (17 min)
• Statement of Changes in Equity (21 min)
• Statement of Cash Flows (22 min)
• Consolidated Financial Statements (26 min)
• Notes to Financial Statements (19 min)
• NFP Statement of Financial Position (14 min)
• NFP Statement of Activities (21 min)
• NFP Statement of Cash Flows (12 min)
• NFP Notes to Financial Statements (17 min)
• State and Local Government — Measurement Focus and Basis (18 min)
• State and Local Government — Purpose of Funds (26 min)
• Public Company Reporting Topics (19 min)
• Special Purpose Frameworks (18 min)
• Financial Statement Ratios and Performance Metrics (28 min)

Select Balance Sheet Accounts

• Cash and Cash Equivalents (14 min)
• Trade Receivables and CECL (16 min)
• Inventory: Costing and Measurement (16 min)
• Property, Plant, and Equipment (26 min)
• Financial Assets at Fair Value (18 min)
• Financial Assets at Amortized Cost (16 min)
• Equity Method Investments (23 min)
• Intangible Assets (13 min)
• Payables and Accrued Liabilities (16 min)
• Notes and Bonds Payable (23 min)
• Debt Covenant Compliance (19 min)
• Equity Transactions (31 min)

Select Transactions

• Accounting Changes and Error Corrections (14 min)
• Contingencies and Commitments (15 min)
• Revenue Recognition (23 min)
• Income Taxes (12 min)
• Fair Value Measurements (16 min)
• Lessee Accounting (22 min)
• Subsequent Events (18 min)