In this CPA Exam Review video, instructor Cindy Simpson, CPA, CMA, CIA of Yaeger CPA Review teaches the difference between Revenue Expenditures and Capital Expenditures for the Financial Accounting and Reporting section of the CPA Exam.

Things to look for:

  • Criteria for classifying an expenditure as either revenue or capital
  • Financial statement treatment for each type of expenditure
  • Ways that the CPA Exam will try to trick you on this topic

One Response to “Video: FAR – Fixed Assets”

  1. RobinTX 27. Aug, 2009 at 11:34 pm

    good video man I'm gonna ace FAR come Q4 FAR Homestudy + Cram + 14.0 = CPA