8:00 – 8:30       Registration and Continental Breakfast

8:30 – 8:45       Welcoming Remarks

                        Course Instructor Douglas R. Johnson, J.D, CPA

8:45 – 9:00       The History:  The APB, FASB, SEC, and PCAOB

9:00 – 10:00     The Fundamentals:  The Accounting Equation, Debits and Credits, T-Accounts, and Accrual Basis Accounting

10:00 – 10:30   Classification of Assets and Liabilities:  Current and Non-Current Assets, and Current Liabilities and Long-Term Debt

10:30 – 10:45   Break

10:45 – 11:15   Classification of Costs:  Capitalization vs. Expensing

11:15 – 12:00   Alternative Accounting Methods:  Inventory, Depreciation, and Revenue Recognition

12:00 – 1:00     Lunch (on own)

1:00 – 1:30       Management Accounting:  Fixed and Variable Costs and Break-Even Analysis

1:30 – 2:00       Accounting for Income Taxes: Permanent and Temporary Differences and Deferred Tax Assets and Liabilities

2:00 – 3:00       The Financial Statements (Part I): The Balance Sheet, Statement of Stockholders’ Equity,  Income Statement, and Statement of Cash Flows          

3:00 – 3:15       Break

3:15 – 4:15       The Financial Statements (Part II):  The Notes to the Financial Statements

4:15 – 4:45       Financial Auditing, Sarbanes Oxley, and the PCAOB

4:45                 Adjourn