Accounting
Separate asset value from expense
When you have to judge the future value of an expenditure, measure receivables, inventory, and investment correctly; defend the expense, depreciation, and impairment call.
Your learning route
The program order
Complete the programs in order to finish the route. Each one brings short lessons, applied practice and a realistic business case together.
Plus and Pro members can create a verifiable Stratify certificate when the route is complete.
- Program 01
Value receivables and inventory
Foundational: you turn gross receivables into the amount your company can actually collect and trace how inventory cost methods move profit and balance sheet values. By the end of this program you can compute an allowance for doubtful accounts, compare the income effect of FIFO, LIFO, and average cost, and judge when net realizable value puts recorded cost at risk.
- Find the collectible part of receivables
Apply it: Closing case: defend the current assets
4 lessons · ≈3 hours
- Program 02
Separate investment from expense
Intermediate: you tie the future benefit of an expenditure to its first accounting entry. By the end of this program you can justify a capitalize-or-expense decision and tell an identifiable intangible asset from goodwill and the risk it carries.
- Look for the four tests of an asset
Apply it: Closing case: justify the expenditure
4 lessons · ≈3 hours
- Program 03
Manage depreciation and impairment
Advanced: you spread the cost of long-lived assets across the periods they serve, choose the depreciation method that matches how the asset's benefits are consumed, and judge when new evidence forces an impairment test. By the end of this program you can compute straight-line and accelerated depreciation from cost, residual value, and useful life, and write a carrying value down to fair value when it is no longer recoverable.
- What does depreciation measure?
Apply it: Closing case: reset the carrying value
4 lessons · ≈3 hours