LumiQ Podcast Bundle: Client Advisory Services: Level 2

Client Advisory Services (CAS) is broken out into three components: accounting, controllership, and CFO-level services. In this Level 2 Learning Path, we take a deep dive into accounting-level services through transaction accrual accounting. In conversation with leaders in the CAS industry, we walk through select financial statement accounts that have specific nuances and complexities when booking their related accruals and share best practices for CAS teams.

Episodes in this learning path include:
- CAS Level 2: Episode #1 - Working Capital Accruals
- CAS Level 2: Episode #2 - Fixed Asset Accounting
- CAS Level 2: Episode #3 - Payroll Process
- CAS Level 2: Episode #4 - Debt Accounting
- CAS Level 2: Episode #5 - Inventory Accounting

After purchasing this product you will receive an email from LumiQ with instructions for accessing the learning path on their web, iOS, or Android applications.

Professionals offering CAS accounting services.

- Recall the process and best practices for booking accruals for accounts payable, accounts receivable, and prepaid expenses
- Describe the purpose of depreciating a fixed asset, including how to record depreciation expense on a monthly basis
- Describe the purpose of a payroll accrual and the standard journal entry to record the transaction
- Describe the accounting process for revolving lines of credit, term loans, and promissory notes
- Discuss how inventory cost methods and impairment affect subsequent measurement of inventory