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Accounting Advanced

Advanced Accounting: Leases, Deferred Tax & Consolidation

Leases, deferred tax, revenue allocation, foreign currency and group accounts with goodwill, intercompany eliminations and non-controlling interest, on live auto-graded spreadsheets.

7 lessons 7 labs 1.8 h Certificate

  • One-time payment
  • 14-day money-back guarantee
  • Secure checkout with Stripe

What you'll build

What you will be able to do

Each lab ends with a concrete result that you build yourself and the checker confirms, cell by cell.

  • Bring a five-year truck lease onto Northwind’s balance sheet: lease liability, right-of-use asset, interest schedule and depreciation.
  • Calculate the deferred tax liability on a packing line that is depreciated faster for tax, reconcile the tax expense and book current and deferred tax.
  • Split a school contract into its three promises, allocate the price by stand-alone selling prices and recognise the 2026 revenue.
  • Record a euro purchase and a pound sale in USD, remeasure the open payable at year end and book the exchange differences.
  • Consolidate Northwind and its new 100 % subsidiary Bayside Office Ltd. on the acquisition date: net assets at fair value, goodwill, consolidated PPE and the elimination entries.
  • Remove Northwind’s sales to Bayside and the profit still sitting in Bayside’s inventory from the consolidated income statement.
  • Measure the non-controlling interest in Cedar Print Ltd., calculate goodwill and split the group profit between Northwind’s owners and the NCI.

About this course

Group accounts and complex transactions become far less intimidating once you have built them yourself. In this course you measure a lessee's lease liability and right-of-use asset, then calculate deferred tax arising from differences between book and tax depreciation. You allocate a transaction price across several performance obligations and record foreign-currency sales with their exchange differences. The second half is all about groups: consolidating a parent with a wholly owned subsidiary, eliminating intercompany sales and unrealised profit in inventory, and accounting for a non-controlling interest in an 80% subsidiary. A good fit for accounting students moving beyond the basics, junior auditors and finance staff preparing for group reporting work.

Curriculum

Course content

7 lessons · 7 labs · 1.8 h · final exam

  1. Lease Accounting for the LesseeLab16 min5 checked tasks
    Unlocked when you buy the course
  2. Deferred Tax from Depreciation DifferencesLab16 min4 checked tasks
    Unlocked when you buy the course
  3. Revenue Recognition: Allocating the Transaction PriceLab15 min5 checked tasks
    Unlocked when you buy the course
  4. Foreign-Currency TransactionsLab15 min4 checked tasks
    Unlocked when you buy the course
  5. Consolidation: Parent & 100 % SubsidiaryLab18 min4 checked tasks
    Unlocked when you buy the course
  6. Intercompany Sales & Unrealised ProfitLab15 min4 checked tasks
    Unlocked when you buy the course
  7. Non-Controlling Interest (80 % Subsidiary)Lab14 min4 checked tasks
    Unlocked when you buy the course
  8. Final exam12 questions, 75% to pass, unlimited retries.

Certificate

Finish with a certificate you can verify

Complete every lesson and pass the final exam to receive a certificate of completion for this course, with a unique credential ID and a public verification page.

  • Names the course, your score and the date of issue
  • A verification link for your CV or LinkedIn profile
  • 12 questions, 75% to pass, unlimited retries.

A Tutorvo certificate confirms that you completed a course. It is not an official or professional qualification.

Illustration. Your certificate shows your own name, course and credential ID.

Before you buy

Questions about this course

Is this a subscription?

No. You pay $9.99 once for this course. There is no subscription and nothing renews automatically. Prices are in US dollars; taxes may be added where required.

What exactly do I get?

All lessons and labs of this course, the final exam and the certificate, including later updates to the course, for as long as Tutorvo offers it. Access is personal and tied to your account.

Can I get a refund?

Yes. If you are not satisfied, email hello@tutorvo.com within 14 days of buying and we refund the course in full via Stripe. The guarantee does not apply once a certificate for the course has been issued to you, or where there are signs of abuse.

When can I start?

Right after payment. Access starts immediately at your request; for consumers in the EU/EEA the statutory right of withdrawal therefore ends once access has begun, while our 14-day money-back guarantee applies regardless.

Do I need Excel or other software?

No. The labs run in a spreadsheet inside your browser on a laptop, tablet or phone. Function names and syntax follow Excel.

Is the certificate an official qualification?

No. It confirms that you completed all lessons of the course and passed its final exam. It is not an official, state-recognised or professional qualification. The name is taken from your profile when the certificate is issued.

Full details are in our Terms · hello@tutorvo.com

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