Free CPA FAR (Financial Accounting & Reporting) Lessons

All 35 CPA FAR (Financial Accounting & Reporting) lessons are free to read, each with worked examples. Just a free account, no card.

Financial Reporting

• Balance Sheet Preparation (23 min)
• Income Statement (18 min)
• Statement of Comprehensive Income (17 min)
• Statement of Changes in Equity (21 min)
• Statement of Cash Flows (22 min)
• Consolidated Financial Statements (27 min)
• Notes to Financial Statements (19 min)
• NFP Statement of Financial Position (14 min)
• NFP Statement of Activities (35 min)
• NFP Statement of Cash Flows (12 min)
• NFP Notes to Financial Statements (17 min)
• State and Local Government, Measurement Focus and Basis (23 min)
• State and Local Government — Purpose of Funds (27 min)
• Public Company Reporting Topics (19 min)
• Special Purpose Frameworks (19 min)
• Financial Statement Ratios and Performance Metrics (28 min)

Select Balance Sheet Accounts

• Cash and Cash Equivalents (15 min)
• Trade Receivables and CECL (17 min)
• Inventory: Costing and Measurement (29 min)
• Property, Plant, and Equipment (36 min)
• Financial Assets at Fair Value (29 min)
• Financial Assets at Amortized Cost (28 min)
• Equity Method Investments (25 min)
• Intangible Assets (14 min)
• Payables and Accrued Liabilities (17 min)
• Notes and Bonds Payable (31 min)
• Debt Covenant Compliance (20 min)
• Equity Transactions (30 min)

Select Transactions

• Accounting Changes and Error Corrections (15 min)
• Contingencies and Commitments (16 min)
• Revenue Recognition (32 min)
• Income Taxes (13 min)
• Fair Value Measurements (17 min)
• Lessee Accounting (22 min)
• Subsequent Events (18 min)