Audio Zone - Learn CPA on the Go

FAR Audio Lessons

10 deep dives on the hardest Financial Accounting topics.

Lease Classification (ASC 842)

OWNES criteria, finance vs operating, ROU assets

⏱️ 2:51 FAR

Bond Amortization - Effective Interest

Premium/discount, carrying value, journal entries

⏱️ 3:08 FAR

Consolidation with Noncontrolling Interest

Elimination entries, NCI calculation, intercompany

⏱️ 3:40 FAR

Deferred Tax Assets & Liabilities

Temporary vs permanent, valuation allowance

⏱️ 3:37 FAR

Government Fund Types & Modified Accrual

5 governmental funds, GRaSPP, available criteria

⏱️ 3:29 FAR

Revenue Recognition (ASC 606)

5-step model, performance obligations, transaction price

⏱️ 3:58 FAR

Equity Method Investments

20%/50% thresholds, dividend trap, entries

⏱️ 3:09 FAR

Statement of Cash Flows

Indirect method, add backs, working capital

⏱️ 3:38 FAR

Inventory - LIFO/FIFO Effects

Rising prices, LIFO reserve, LIFO liquidation

⏱️ 3:20 FAR

NFP Contributions - Donor Restrictions

With/without restrictions, conditional vs unconditional

⏱️ 3:35 FAR

📚 Total FAR Audio Content: ~34 minutes

Perfect for a commute or workout session

REG Audio Lessons

10 deep dives on the hardest Tax & Business Law topics.

Partnership vs S Corp Basis

Debt basis differences, loss limitations

⏱️ 3:46 REG

Like-Kind Exchanges (Section 1031)

Boot, basis formula, 45/180 day rules

⏱️ 3:54 REG

Passive Activity Loss Rules

Material participation, $25K allowance, RE professional

⏱️ 3:55 REG

Section 1231, 1245, 1250 Property

Depreciation recapture, best of both worlds

⏱️ 4:25 REG

Gift vs Inheritance Basis

Carryover vs step-up, estate planning

⏱️ 3:49 REG

Three-Hurdle Loss Limitation

Basis, at-risk, passive activity sequence

⏱️ 3:44 REG

QBI Deduction (Section 199A)

20% deduction, wage limitation, SSTB rules

⏱️ 3:47 REG

Alternative Minimum Tax

Adjustments, preferences, AMT credit

⏱️ 3:47 REG

Property Transactions

Gain/loss, character, wash sales, Section 121

⏱️ 4:03 REG

Circular 230 & Preparer Penalties

Due diligence, contingent fees, standards

⏱️ 4:20 REG

📚 Total REG Audio Content: ~40 minutes

Perfect for a commute or workout session

AUD Audio Lessons

10 deep dives on the hardest Auditing topics.

The Audit Risk Model

IR, CR, DR, inverse relationships

⏱️ 3:57 AUD

Modified Audit Opinions

Qualified, adverse, disclaimer decision tree

⏱️ 4:02 AUD

Internal Control Deficiencies

Deficiency vs significant vs material weakness

⏱️ 4:16 AUD

Audit Sampling

Attribute vs variables, sample size drivers

⏱️ 4:17 AUD

Subsequent Events

Type I vs Type II, dual dating

⏱️ 3:38 AUD

SSARS Engagements

Compilation, review, preparation differences

⏱️ 3:40 AUD

SOC Reports

Type I vs II, SOC 1/2/3, carve-out method

⏱️ 4:15 AUD

Independence

Covered members, threats framework, financial interests

⏱️ 4:09 AUD

Going Concern

Evaluation period, management plans, reporting

⏱️ 4:08 AUD

Financial Statement Assertions

Transaction vs balance assertions, direction of testing

⏱️ 4:18 AUD

📚 Total AUD Audio Content: ~41 minutes

Perfect for a commute or workout session