Discover Classes. Earn 10% Rewards.

Intermediate Financial Accounting

Deepen your knowledge of complex accounting principles and prepare for advanced financial reporting scenarios with this course at NYIM Training. Gain insight into income statements, handling unusual items, deferred taxes, intercompany investments, and more. Take your financial accounting skills to the next level and be ready to take on complicated accounting tasks.

  • Intermediate
  • 18 and older
  • $325
  • Earn 10% Rewards
  • Price Lock
  • Interactive Online Classroom
  • 7 hours
Book at School

Express Checkout – $325


Proceed to Checkout

No Booking Fees. Lowest Price Guaranteed. Earn 10% Rewards.

Give as a Gift

Start Dates (1)

  • $325/person
  • 7 hours
20 left
Book
Showing 11 of 1

Class Description

Description

Build your knowledge of investments, securities, debt accounting, and other complex financial accounting concepts in this class.

Want to take your financial accounting skills to the next level? This Intermediate Financial Accounting class will deepen your knowledge of complex accounting principles and prepare you for the challenges of navigating advanced financial reporting scenarios.

 The course starts by covering the intricacies of income statements, including elements such as footnotes, management's discussion, and various complex components like revenue recognition, stock-based compensation, interest expense, and capitalized interest. The class will gain insight into handling unusual items, discontinued operations, restructuring charges, and an introduction to earnings per share (EPS), including options and convertible securities. 

From there, you'll focus on deferred taxes, which encompasses the comparison of book versus tax basis, permanent differences, effective tax rates, and an introduction to Net Operating Losses (NOLs) and associated tax journal entries. You'll also learn about intercompany investments, how to navigate equity method investments, the complexities of debt accounting, deferred taxes, and more. 

By the conclusion of this course, students will be ready to take on complicated accounting tasks.

Learn more skills and save with a bootcamp:

  • Financial Accounting Bootcamp

Learn more about Intermediate Financial Accounting at NYIM Training.

Remote Learning

This course is available for "remote" learning and will be available to anyone with access to an internet device with a microphone (this includes most models of computers, tablets). Classes will take place with a "Live" instructor at the date/times listed below.

Upon registration, the instructor will send along additional information about how to log-on and participate in the class.

Also available in-person in NYC

Syllabus

Advanced Income Statement

  • Footnotes and management's discussion
  • Revenue recognition
  • Stock based compensation
  • Interest expense and capitalized interest
  • Unusual items
  • Discontinued operations
  • Restructuring changes
  • EPS
    • Intro to options
    • Convertible securities 

Deferred Taxes

  • Book vs. tax basics
  • Permanent differences and effective tax rates
  • Temporary differences and deferred tax asset and liabilities
  • Introduction to NOLs
  • NOLs-related tax journal entries

Intercompany Investments

  • Trading, available for sale, and held to maturity securies
  • Equity method investments
  • Noncontrolling interests
  • Consolidation method and noncontrolling interests
  • Consolidation method and paying in excess of BV

Debt Accounting

  • PIK debt
  • Capitalized interest
  • Original issue discount
  • Financing fees
  • Deferred taxes arising from OID and OIP

Refund Policy

  • Students may cancel up to 11 business days before the class/program start date and receive a refund, less the registration fee (10% of the undiscounted course price).
  • Cancellations within 11 business days are not permitted, but students may reschedule up to 4 business days before the class start date.

For cancellations and reschedules, please email us at [email protected]

Reviews of Classes at NYIM Training (748)

Similar Classes

NYIM Training

For nearly two decades, NYIM has trained thousands of business professionals in the latest computer software programs, including Excel, Financial Modeling, Microsoft Office, Adobe, SQL, AutoCAD, QuickBooks, and many more.

The company is known for its practical and hands-on approach to its instructor-led...

Read more about NYIM Training

CourseHorse Approved

This school has been carefully vetted by CourseHorse and is a verified Online educator.

NYIM Training

Give This Course as a Gift Card

  • Thousands of classes
  • No expiration
  • Unique and memorable gifts for any occasion
  • Personalized
  • Explore a passion, gain a new skill, discover a new hobby, engage in a memorable experience
  • Instant delivery
  • Lock in a price with the Inflation Buster Gift Card Price Adjuster™

Buy a Gift Card

Book this Class as a Group Event

Booking this class for a group? Find great private group events

Or see all Finance Group Events

Explore group events and team building activities ranging from cooking, art, escape rooms, trivia, and more.

CourseHorse Gift Cards

  • Creative & unique gift for any occasion
  • Thousands of classes & experiences
  • No expiration date
  • Instant e-delivery (or choose a date)
  • Add a personalized message
  • Lock in a price with the Inflation Buster Gift Card Price Adjuster™
Buy a Gift Card
gift card with the CourseHorse logo gift card with the CourseHorse logo
Loading...