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CPA Exam: Bonds, In a Snap!
Rating: 4.9 out of 5(63 ratings)
271 students

CPA Exam: Bonds, In a Snap!

CPA Exam (FAR): Bonds, In a Snap!
Created bySnap! CPA
Last updated 1/2020
English

What you'll learn

  • MASTER Bonds on the FAR section of the CPA Exam
  • Learn strategies to solve CPA Exam Bond problems in an easy-to-follow format
  • Review real CPA exam questions issued by the AICPA, the makers of the CPA exam
  • Each video teaches an important Bonds concept in less than 10 minutes
  • Understand the theory and concepts behind accounting for Bonds
  • Calculate and record the important Bond journal entries, including entries at issuance and interest payment dates
  • Account for interest expense and premium/discount amortization under the effective interest method
  • Visualize methods for complex bond topics including convertible bonds and bonds with detachable warrants

Course content

9 sections17 lectures1h 49m total length
  • Introduction & Pricing At Par7:44
  • Pricing Bonds: Premium5:16
  • Pricing Bonds: Discount5:15

    Price the bond at a discount by converting to semiannual terms, compute present value of principal and interest to derive proceeds of 741,116 and a 58,884 discount.

Requirements

  • Introduction to Accounting

Description

In this course, learn all of the important calculations and journal entries for Bonds.

The AICPA wants you to know certain rules and points related to Bonds, such as pricing a bond, the effective interest method, bond issue costs, convertible bonds and bonds with detachable warrants.  All of these will be broken down into easy-to-follow steps. 

Each video is less than 10 minutes and covers an important rule or learning point using recent, actual CPA Exam questions.  There's no better way to practice for the test than to review exam questions issued by the test makers themselves.  With these short and engaging videos, you can get your studying done in a coffee break.

If you're looking for clarity on Bonds for FAR, this is it!

Who this course is for:

  • CPA Exam Candidates for FAR (Financial Accounting & Reporting)
  • Intermediate Accounting Students