Date Day Plan - Lectures / Questions

11/20/2010 Saturday Chapter 1 and 2 Final Review CH

11/21/2010 Sunday Chapter 1 and 2 Final Review 1

11/22/2010 Monday Chapter 3 and 4 Final Review 2

11/23/2010 Tuesday 9 Final Review 3

11/24/2010 Wednesday Chapter 5 - Final Review 4

11/25/2010 Thursday Chapter 6 - Final Review 5

11/26/2010 Friday Chapter 5 Notes and Chapter 6 6

11/27/2010 Saturday Chapter 7 + 8 7

11/28/2010 Sunday Review - Simulations 8

11/29/2010 Monday Exam Day 9

Topics Covered Challenging Topics

Income Statement

Matching/ timing issues

Cost/Equity/Acquisition Method

Working Capital and Fixed Asset

Leases and Bonds

Pensions

Cash Flow Statements

Governmental

Governmental + Not for Profit

Must be reviewed before Exam

Reliability vs Relevance, IDEA, Prospective vs. Retro changes, Print out the
Income Statement and see where everything goes
Memorize : Stages of Software Cap vs. Expense; installment Sales, long term
contracts; Non-monetary exchanges; Commercial Substace (non-monetary
exchanges)

Review Equity method ; Acquisition Method is really hard!!

LIFO / Weighted Average / Etc.. Dollar Value LIFO method..Review this one
more time. Also, third time around I skipped Depreciation methods and Fixed
assets.. Go through these rather quickly

Remember PIPC (Payment, Interest, Principal, and Carrying Value Chart

to calculate all these leases) Sales Lease back !!! Bonds

Contingencies : Probably, Reasonably possible, Remote

Know the difference between what hits under Investing, capital, operating

Memorize : Graspp Se Papi

Consider re-doing Governmental section , but not for profit wasn't that
bad