Week 1: Conceptual framework, standards, review financial statements Week 2: Cash, receivables, and revenue basics Week 3: Inventories and cost flow methods; practice problems Week 4: PPE, depreciation, impairment; journal entries practice Week 5: Intangibles, goodwill, liabilities; present value exercises Week 6: Equity, EPS, comprehensive review, and mixed-problem practice

The revised IASB Conceptual Framework guiding standard setters. 2. Cash and Cash Equivalents

Valuation of accounts receivable, allowance for doubtful accounts (Aging and Percentage methods), notes receivable, discounting of notes, factoring, and assignment of receivables.

Aligned with Philippine Commission on Higher Education standards, this volume focuses on the recognition, measurement, and disclosure requirements for assets. Key topics include: Cash, Receivables, & Inventories

Each chapter in the Valix textbook concludes with a signature feature: and Multiple Choice Questions . These are widely known to mirror the difficulty and style of the CPA licensure board exams.

For accounting students in the Philippines, the name is synonymous with clear, approachable, and exam-ready material. The Intermediate Accounting Volume 1 (Valix, Peralta, & Valix 2022 Edition) remains a cornerstone for anyone tackling the rigorous Bachelor of Science in Accountancy (BSA) curriculum or preparing for the CPA licensure exams. Why the 2022 Valix Edition is Essential