
Financial accounting & reporting
FAR Course 2025
Welcome to FAR
Welcome to FAR – The Breezy Method
FAR Study Guide + FAR Cram Course
📚 FAR – The Complete Breezy Study Guide (230 pages)
📚 FAR – The Complete Breezy Cram Course (80 pages)
Financial Accounting & Reporting Introduction
🎦 10K Annual Report Overview (16 min)
🎦 Framework & Basic Concepts (6 min)
🎦 Characteristics of Financial Reporting (4 min)
🎦 Financial Statements Overview (23 min)
📝 Quiz (3 Questions)
Has Quiz
General-Purpose Financial Reporting: For-Profit Business Entities
🎦 Balance Sheet & Statement of Financial Position (8 min)
💡Simulation – Financial Reporting
🎦 Income Statement & Statement of Profit or Loss (12 min)
🎦 Statement of Comprehensive Income (4 min)
📝 Quiz (10 Questions)
Has Quiz
🎦 Statement of Stockholders Equity (18 min)
💡Simulation – Stockholders Equity
🎦 Statement of Cash Flows (27 min)
💡Simulation – Cash Flows
📝 Quiz (5 Questions)
Has Quiz
🎦 Consolidated Financial Statements (14 min)
💡Simulation – Consolidation
📝 Quiz (6 Questions)
Has Quiz
General-Purpose Financial Reporting: Non-Profit Entities
🎦 General-Purpose Financial Reporting: Non-Profit Entities (19 min)
📝 Quiz (20 Questions)
Has Quiz
General-Purpose Financial Reporting: Governmental Entities
🎦 Government Accounting Introduction (13 min)
🎦 Modified Accrual vs. Standard Accrual (7 min)
🎦 Types of Government Funds (13 min)
🎦 Governmental Revenue & Expenses (10 min)
🎦 Governmental Financial Statements (9 min)
📝 Quiz (20 Questions)
Has Quiz
Public Company Reporting Topics
🎦 Conceptual Framework & Earnings Per Share (25 min)
💡Simulation – Marketable Securities
📝 Quiz (10 Questions)
Has Quiz
🎦 Interim (Quarterly) Financial Reporting (10 min)
📝 Quiz (11 Questions)
Has Quiz
Financial Statement Ratios and Performance Metrics
🎦 Financial Statement Ratios and Performance Metrics (9 min)
💡Simulation – Financial Ratios
📝 Quiz (10 Questions)
Has Quiz
Cash & Cash Equivalents
🎦 Cash & Cash Equivalents (5 min)
💡 Simulation – Cash Reconciliation
📝 Quiz (5 Questions)
Has Quiz
Trade Receivables
🎦 Trade Receivables (19 min)
📝 Quiz (10 Questions)
Has Quiz
🎦 Installment Sales (14 min)
📝 Quiz (10 Questions)
Has Quiz
Inventory
🎦 Inventory Analysis (13 min)
💡Simulation – Inventory Analysis
🎦 Inventory Costing Methods (14 min)
💡Simulation – Inventory Valuation
📝 Quiz (10 Questions)
Has Quiz
🎦 Lower of Cost or Market (7 min)
📝 Quiz (6 Questions)
Has Quiz
Property, Plant & Equipment
🎦 Fixed Assets (10 min)
🎦 Capitalization of Interest (9 min)
🎦 Depreciation (12 min)
💡Simulation – Depreciation
📝 Quiz (6 Questions)
Has Quiz
🎦 Impairments (6 min)
📝 Quiz (7 Questions)
Has Quiz
🎦 Disposal & Exchanges (7 min)
📝 Quiz (10 Questions)
Has Quiz
Investments
🎦 Marketable Securities (9 min)
💡Simulation – Fair Value Securities
📝 Quiz (15 Questions)
Has Quiz
🎦 Hedges (12 min)
📝 Quiz (12 Questions)
Has Quiz
🎦 Derivatives (8 min)
📝 Quiz (10 Questions)
Has Quiz
Intangible Assets
🎦 Intangible Assets (20 min)
💡Simulation – Asset Classification
📝 Quiz (15 Questions)
Has Quiz
Liabilities
🎦 Liabilities (15 min)
💡Simulation – Classification of Liabilities
📝 Quiz (10 Questions)
Has Quiz
Bonds & Present Value
🎦 Bonds & Present Value (21 min)
💡Simulation – Bond Analysis
📝 Quiz (10 Questions)
Has Quiz
Equity
🎦 Equity (18 min)
📝 Quiz (10 Questions)
Has Quiz
Accounting Changes & Error Corrections
🎦 Accounting Changes & Error Corrections (17 min)
💡Simulation – Accounting Changes
💡 Simulation – Error Correction
📝 Quiz (10 Questions)
Has Quiz
Revenue Recognition
🎦 Revenue Recognition (12 min)
💡Simulation – Aging Analysis
📝 Quiz (10 Questions)
Has Quiz
Accounting for Income Taxes
🎦 Deferred Taxes (13 min)
💡 Simulation – Taxes
🎦 Deferred Taxes Simulation (15 min)
💡 Simulation – Tax Differences
📝 Quiz (10 Questions)
Has Quiz
Fair Value Measurements
🎦 Fair Value Measurements (10 min)
💡Simulation – Fair Value
📝 Quiz (8 Questions)
Has Quiz
Lease Accounting
🎦 Lease Accounting (16 min)
💡Simulation – Lease Components
💡Simulation – Lease Types
💡Simulation – Capital Lease
💡Simulation – Finance Lease
📝 Quiz (10 Questions)
Has Quiz
Subsequent Events
🎦 Subsequent Events (4 min)
📝 Quiz (5 Questions)
Has Quiz
International Financial Reporting Standards (IFRS)
🎦 Introduction to IFRS (18 min)
🎦 IFRS Financial Statements (35 min)
📝 Quiz (20 Questions)
Has Quiz
Final Exam + Solutions
📝 FAR Final Exam #1
Has Quiz
💡 FAR Final Exam #1 – Simulations
📝 FAR Final Exam #2
Has Quiz
💡 FAR Final Exam #2 – Simulations
-
Welcome to FAR
- Welcome to FAR – The Breezy Method
-
FAR Study Guide + FAR Cram Course
- 📚 FAR – The Complete Breezy Study Guide (230 pages)
- 📚 FAR – The Complete Breezy Cram Course (80 pages)
-
Financial Accounting & Reporting Introduction
- 🎦 10K Annual Report Overview (16 min)
- 🎦 Framework & Basic Concepts (6 min)
- 🎦 Characteristics of Financial Reporting (4 min)
- 🎦 Financial Statements Overview (23 min)
- 📝 Quiz (3 Questions)
-
General-Purpose Financial Reporting: For-Profit Business Entities
- 🎦 Balance Sheet & Statement of Financial Position (8 min)
- 💡Simulation – Financial Reporting
- 🎦 Income Statement & Statement of Profit or Loss (12 min)
- 🎦 Statement of Comprehensive Income (4 min)
- 📝 Quiz (10 Questions)
- 🎦 Statement of Stockholders Equity (18 min)
- 💡Simulation – Stockholders Equity
- 🎦 Statement of Cash Flows (27 min)
- 💡Simulation – Cash Flows
- 📝 Quiz (5 Questions)
- 🎦 Consolidated Financial Statements (14 min)
- 💡Simulation – Consolidation
- 📝 Quiz (6 Questions)
-
General-Purpose Financial Reporting: Non-Profit Entities
- 🎦 General-Purpose Financial Reporting: Non-Profit Entities (19 min)
- 📝 Quiz (20 Questions)
-
General-Purpose Financial Reporting: Governmental Entities
- 🎦 Government Accounting Introduction (13 min)
- 🎦 Modified Accrual vs. Standard Accrual (7 min)
- 🎦 Types of Government Funds (13 min)
- 🎦 Governmental Revenue & Expenses (10 min)
- 🎦 Governmental Financial Statements (9 min)
- 📝 Quiz (20 Questions)
-
Public Company Reporting Topics
- 🎦 Conceptual Framework & Earnings Per Share (25 min)
- 💡Simulation – Marketable Securities
- 📝 Quiz (10 Questions)
- 🎦 Interim (Quarterly) Financial Reporting (10 min)
- 📝 Quiz (11 Questions)
-
Financial Statement Ratios and Performance Metrics
- 🎦 Financial Statement Ratios and Performance Metrics (9 min)
- 💡Simulation – Financial Ratios
- 📝 Quiz (10 Questions)
-
Cash & Cash Equivalents
- 🎦 Cash & Cash Equivalents (5 min)
- 💡 Simulation – Cash Reconciliation
- 📝 Quiz (5 Questions)
-
Trade Receivables
- 🎦 Trade Receivables (19 min)
- 📝 Quiz (10 Questions)
- 🎦 Installment Sales (14 min)
- 📝 Quiz (10 Questions)
-
Inventory
- 🎦 Inventory Analysis (13 min)
- 💡Simulation – Inventory Analysis
- 🎦 Inventory Costing Methods (14 min)
- 💡Simulation – Inventory Valuation
- 📝 Quiz (10 Questions)
- 🎦 Lower of Cost or Market (7 min)
- 📝 Quiz (6 Questions)
-
Property, Plant & Equipment
- 🎦 Fixed Assets (10 min)
- 🎦 Capitalization of Interest (9 min)
- 🎦 Depreciation (12 min)
- 💡Simulation – Depreciation
- 📝 Quiz (6 Questions)
- 🎦 Impairments (6 min)
- 📝 Quiz (7 Questions)
- 🎦 Disposal & Exchanges (7 min)
- 📝 Quiz (10 Questions)
-
Investments
- 🎦 Marketable Securities (9 min)
- 💡Simulation – Fair Value Securities
- 📝 Quiz (15 Questions)
- 🎦 Hedges (12 min)
- 📝 Quiz (12 Questions)
- 🎦 Derivatives (8 min)
- 📝 Quiz (10 Questions)
-
Intangible Assets
- 🎦 Intangible Assets (20 min)
- 💡Simulation – Asset Classification
- 📝 Quiz (15 Questions)
-
Liabilities
- 🎦 Liabilities (15 min)
- 💡Simulation – Classification of Liabilities
- 📝 Quiz (10 Questions)
-
Bonds & Present Value
- 🎦 Bonds & Present Value (21 min)
- 💡Simulation – Bond Analysis
- 📝 Quiz (10 Questions)
-
Equity
- 🎦 Equity (18 min)
- 📝 Quiz (10 Questions)
-
Accounting Changes & Error Corrections
- 🎦 Accounting Changes & Error Corrections (17 min)
- 💡Simulation – Accounting Changes
- 💡 Simulation – Error Correction
- 📝 Quiz (10 Questions)
-
Revenue Recognition
- 🎦 Revenue Recognition (12 min)
- 💡Simulation – Aging Analysis
- 📝 Quiz (10 Questions)
-
Accounting for Income Taxes
- 🎦 Deferred Taxes (13 min)
- 💡 Simulation – Taxes
- 🎦 Deferred Taxes Simulation (15 min)
- 💡 Simulation – Tax Differences
- 📝 Quiz (10 Questions)
-
Fair Value Measurements
- 🎦 Fair Value Measurements (10 min)
- 💡Simulation – Fair Value
- 📝 Quiz (8 Questions)
-
Lease Accounting
- 🎦 Lease Accounting (16 min)
- 💡Simulation – Lease Components
- 💡Simulation – Lease Types
- 💡Simulation – Capital Lease
- 💡Simulation – Finance Lease
- 📝 Quiz (10 Questions)
-
Subsequent Events
- 🎦 Subsequent Events (4 min)
- 📝 Quiz (5 Questions)
-
International Financial Reporting Standards (IFRS)
- 🎦 Introduction to IFRS (18 min)
- 🎦 IFRS Financial Statements (35 min)
- 📝 Quiz (20 Questions)
-
Final Exam + Solutions
- 📝 FAR Final Exam #1
- 💡 FAR Final Exam #1 – Simulations
- 📝 FAR Final Exam #2
- 💡 FAR Final Exam #2 – Simulations