More Advanced Accounting

Topics: Debt, Convertible

Bonds, Equity Investments,
Noncontrolling Interests,
Pensions, and More
These Lessons: READ the Guide to Save Time
You can read this entire module in
written form in the Quick Reference
Guide accompanying these lessons – it
matches up very closely.

We focus on explanations in the written

guides and calculations in the Excel-
based videos.
Should You Complete These Lessons?
• Short Answer: The topics in these lessons are extremely unlikely
to come up in interviews

• So: For interview prep, no, skip this module

• But: We do cover some topics here that will appear in other case
studies in the course later, especially related to Debt

• So: You don’t “need” to complete these lessons, but they can give
you some helpful background information

• Order: Topics are in roughly “Most useful to least useful” order

Should You Complete These Lessons?
• Most Useful: This one on Book Value vs. Face Value of Debt and
the “summary” of Book Value vs. Face Value vs. Market Value

• Also: Equity Investments and Noncontrolling Interests – even if

you don’t watch the videos, at least look at the Excel files

• Rest: It’s here “for your reference” – the chances of getting

questions on different security types or LIFO vs. FIFO are close to 0%

• And: Remember that we expand on many of these topics in

later lessons and case studies… so don’t feel pressured to
finish everything