# Curtis DeBerg

• ### SAGE Global Welcomes Japan to Our Growing Network

• 5 months ago
• 83 views
SAGE Global Founder and CEO, Dr. Curt DeBerg, welcomes SAGE Japan as they prepare for the first national tournament on February 15, 2014.
• ### Excel Lesson #3 - Rachel Wins the Lottery and Starts Her Own Business

• 5 months ago
• 114 views
Dr. Curt DeBerg explains how a student, Rachel, wins the lottery, thereby giving her the cash needed to invest in her dream business. The personal investment by Rachel is her business's intitial so...
• ### Excel Lesson #2 - Rachel Prepares Her Personal Financial Statements

• 5 months ago
• 74 views
Professor Curt DeBerg shows how a student, Rachel, summarizes her database at the end of a period, and then prepares the balance sheet, income statement, and statement of cash flows. Dr. DeBerg pay...
• ### Excel Lesson #1 - Rachel prepares a personal budget for the month

• 5 months ago
• 230 views
Professor Curt DeBerg uses Excel to show how a student would prepare a budget for a month. He explains the difference between labels, values, and formulas, records changes in her database for the m...
• ### Lesson 14I - Mortgage Example

• 8 months ago
• 107 views
Professor Curt DeBerg illustrates how you can save almost \$100,000 in cash outflows, and shave over five years off the life of the mortgage, by making one extra payment a year. The example uses a \$...
• ### Lesson 15A - Corporations and Stockholders' Equity (Overview)

• 7 months ago
• 32 views
Dr. DeBerg provides an overview of accounting for stockholders' equity. He explains that a corporation can obtain cash financing by issuing debt (e.g., bonds) or equity (e.g., stock). When a corpor...
• ### Lesson 15D - Financial Ratios and Metrics

• 7 months ago
• 198 views
Using the Killebrew Corporation example in Lesson 15C, Professor DeBerg describes several ratios that can be helfpul in evaluation the company's performance, solvency, and liquidity. These ratios i...
• ### Lesson 15C - An Example Killebrew Corporation

• 7 months ago
• 247 views
Using an Excel spreadsheet, Dr. DeBerg creates a hypothetical corporation that authorizes 2,000,0000 shares of common stock and issues 10,000 shares at \$10 par, at an issue price of \$15. Killebrew ...
• ### Lesson 15B - A Close Look at Stockholders' Equity Copy

• 7 months ago
• 268 views
Professor DeBerg provides a more detailed description of the component's of a corporation's stockholders' equity section of the balance sheet. He shows that stockholders' equity consists mainly of ...
• ### Lesson 15A Corporations and Stockholders' Equity Overview

• 7 months ago
• 269 views
Dr. DeBerg provides an overview of accounting for stockholders' equity. He explains that a corporation can obtain cash financing by issuing debt (e.g., bonds) or equity (e.g., stock). When a corpor...
• ### Lesson 14H - Case 6, Bond Discount Market Rate Greater Than Contract Rate

• 8 months ago
• 220 views
Professor DeBerg discusses how bonds are valued and accounted for when the market rate exceeds the contract rate. In this case, a bond is issued at a "discount" when the effective, market-determin...
• ### Lesson 14J Twin Sister Savings Example

• 8 months ago
• 85 views
Twin sisters Mary and Sarah have different investment strategies. When Mary turns 20, she saves \$1,000 a year for 20 years. When she turns 40, she leaves the money in the bank until she turns 60. S...
• ### Lesson 14K - Should I Buy or Lease a Car?

• 8 months ago
• 179 views
Should you finance the acquisition of a car or equipment by buying or leasing? All other things being equal, you should select that program that offers the lowest interest rate. Professor DeBerg co...
• ### Lesson 14G - Case 5, Bond Premium (Market Rate Less Than Contract Rate)

• 8 months ago
• 254 views
This lesson shows how a company accounts for a bond issuance when the market-determined, effective interest rate exceeds the stated, contract rate as stipulated in the bond terms. Dr. Curt DeBerg s...
• ### Lesson 14F - Case 4, Compound Interest, Annuity (with Equal Payments Each Period)

• 8 months ago
• 267 views
Dr. Curt DeBerg illustrates how a company would account for a note payable, by borrowing \$1,000 for 3 years. Terms of the note are: 10% annual interest, with equal total payments to be made at the...
• ### Lesson 14E - Compound Interest, Serial Note (with Int. Pd. Each Pd, along with Equal Princ. Pmts)

• 8 months ago
• 295 views
Lesson 14E presents the third case where a company issues a note payable. Payment terms in this case is for the company to pay 10% annual interest, plus an eqaul amount of the principal each period...
• ### Lesson 14D - Case 2, Simple Interest, with Interest Paid at the End of Each Period

• 8 months ago
• 300 views
Professor Curt DeBerg illustrates how to account for a long-term note payable, with interest payable at the end of each period, according to the terms stipulated in the note. Based on the example, ...
• ### Lesson 14C - Compound Interest, with Interest and Principal Due at the End of the Note Term

• 8 months ago
• 372 views
In Case 1, a company issues a note payable and borrows \$1,000. Terms of the note indicate an annual interest rate of 10%, compounded annually, with all interest payable at the end of three years. A...
• ### Lesson 14B - A Comparison of Six Cases of Borrowing \$1,000

• 8 months ago
• 275 views
Professor Curt DeBerg describes six separate cases where a company borrows \$1,000 over a 3-year term at an annual stated rate of 10% interest. Students see the difference between a -regular- note p...
• ### Lesson 14A Long Term Liabilities Overview

• 8 months ago
• 315 views
Professor Curt DeBerg provides an overview of long-term liabilities. He explains the difference between a note payable and a bond payable. He also introduces the theory of compound interest, where ...
• ### Lesson 11C Accounting for Long Term Investments with sound

• 8 months ago
• 435 views
Professor DeBerg explains how companies account for "Available-for-Sale" (AFS) Long-Term Investments in stocks. At the end of each period, the company must record the AFS stocks at market value (i....
• ### ACCT 201 Session 18

• 8 months ago
• 24 views
Professor Curt DeBerg goes over the homework assignment for Oliva Company. He demonstrates how to account for bad debts expense using the (1) aging method and the (2) percentage of credit sales met...
• ### Lesson 8 (Revised) - Finding -True- Cash by Doing a Bank Reconciliation

• 9 months ago
• 456 views
In this lesson, Dr. Curt DeBerg shows how a company would adjust its cash balance at the end of an accounting period to reflect -true- cash. The -true- cash balance can only be determined by prepar...
• ### Lesson 13C - Miscellaneous Topics for Current Liabilities

• 9 months ago
• 186 views
Professor DeBerg explains the meaning of contingent liabilities and current maturities of long-term debt. He also provides detailed examples. At the end, he shows how an airline accounts for freque...
• ### Lesson 13B - Whitney Corporation (An Example Focusing on Short-Term Liabilities)

• 9 months ago
• 301 views
Lesson 13B in this three part series provides a detailed example of various types of current liabilities, including accounts payable, short-term notes payable, payroll tax withholding payable, payr...
• ### Lesson 13A - Current Liabilities (An Overview)

• 9 months ago
• 316 views
Lesson 13A is the first of three videos in the Lesson 13 series. Professor DeBerg defines current liabilities, provides a list of examples, and explains the meaning of working capital and the curre...
• ### Lesson 12D - A Close Look at Depreciation

• 9 months ago
• 300 views
Lesson 12D is video #4 in the seven-lesson series in Lesson 12. Dr. Curt DeBerg describes new terms such as depreciable cost base, salvage value, estimated useful life, and accounting book value. H...
• ### Lesson 12G - Other Topics Related to PP and E

• 9 months ago
• 175 views
This is the last video in the Lesson 12 series. Dr. Curt DeBerg discusses four other topics related to the acquisition and accounting for Property, Plant, & Equipment (PP&E). Topics include (1) bas...
• ### Lesson12F - An Example Using the Double-Declining Balance (DDB) Depreciation Method

• 10 months ago
• 345 views
In this video, Professor Curt DeBerg uses an Excel spreadsheet to demonstrate how a company accounts for depreciaton, using the Double-Declining Balance (DDB) depreciation method.
• ### Lesson 12E - An Example Using Straight-Line Depreciation Method

• 10 months ago
• 414 views
Dr. DeBerg provides a detailed example of how a company would record depreciation expense using the straight-line method. He also explains how to record partial-year depreciation, how to account fo...
• ### Lesson 12C - Depreciation Terminology and Depreciation Methods

• 10 months ago
• 287 views
Lesson 12C is the third of seven lessons in the Lesson 12 series. Here, Professor Curt DeBerg defines several terms related to depreciation of long-lived assets, and provides a brief overview of th...
• ### Lesson 12B - How to Determine the Cost of Property, Plant and Equipment

• 10 months ago
• 566 views
Professor DeBerg explains what costs are included in the historical cost base of land and building, and distinguishes this from a normal operating cost, such as cleaning. Operating costs are expens...
• ### Lesson 12A - Property, Plant and Equipment, plus Depreciation (An Overview)

• 10 months ago
• 499 views
Lesson 12 consists of seven videos. In this first lesson, Lesson 12A, Professor Curt DeBerg provides an overview of accounting for Property, Plant, & Equipment, plus depreciation.
• ### Lesson 11D - Miscellaneous Topics (Investment in Bonds, Significant Influence, Controlling Interest)

• 10 months ago
• 286 views
Lesson 11D is the last of four videos under the Investment category. Professor DeBerg explains how to account for Long-Term Investments in Bonds, and what it means when an investor has -significant...
• ### Lesson 11B - Accounting for Short-Term Investments (Trading Securities)

• 10 months ago
• 603 views
Dr. DeBerg provides an exampleof a company that purchases short-term, trading securities. During the year, it records dividends, and at the end of the year it must -mark to market- the trading secu...
• ### Lesson 11A - Short-Term Investments and Long-Term Investments (Overview)

• 10 months ago
• 432 views
In the first of four videos in Lesson 11, Professor DeBerg provides an overview for a company that has extra cash to invest. Rather than pay dividends, pay down debt, or expand its property, plant ...
• ### Lesson 10F - Miscellaneous Topics (credit terms, purchase discounts, transportation costs, LCM)

• 10 months ago
• 349 views
In this lesson, the last of six videos that focus on accounting for inventory and cost of goods sold, Professor DeBerg demonstrates how to account for credit terms, purchase discounts, transportati...
• ### Lesson 10e - Periodic Inventory Using FIFO

• 10 months ago
• 560 views
Dr. Curt DeBerg provides a conceptual explanation of how a company uses the periodic system of accounting and the FIFO cost flow assumption method.
• ### Lesson 10d - An Example Using the Perpetual System and LIFO Cost Flow

• 10 months ago
• 477 views
Professor DeBerg provides a conceptual explanation of how a retail comany accounts for inventory using the perpetual acccounting system and a LIFE cost flow assumption.
• ### Lesson 10c - Perpetual Accounting Example Using FIFO

• 10 months ago
• 680 views
Professor Curt DeBerg demonstrates how a company would use a perpetual accounting system to record inventory and cost of goods sold using a FIFO cost flow assumption.
• ### Lesson 10b - Two Inventory Accounting Systems and Four Cost Flow Assumptions

• 10 months ago
• 495 views
Professor Curt DeBerg explains the two main accounting systems: perpetual and periodic. He also describes four cost flow assumptions: FIFO, LIFO, average cost, and specific identification.
• ### Lesson 10a - Accounting for Retail Merchandise Inventory and Cost of Goods Sold (Overview)

• 10 months ago
• 791 views
This video by Professor Curt DeBerg provides an introduction to merchandise inventory (a current asset) and cost of goods sold (usually the largest expense for a retail merchandise company).
• ### Lesson 9d - Accounts Receivable (Credit Policy and Sales Discounts)

• 1 year ago
• 607 views
Professor Curt DeBerg explains that companies can increase sales by offering attractive credit terms to customers. For example, a company that offers "2/10, n/30" credit terms means that if a custo...
• ### Lesson 9c - Accounts Receivable Computing Bad Debt Expense Using the Percentage of Sales Approach)

• 1 year ago
• 762 views
Professor Curt DeBerg explains how a company computes bad debt expense at the end of an accounting period, using the allowance method. Specifically, he demonstrates the percentage of sales method, ...
• ### Lesson 9b - Accounts Receivable Computing Bad Debt Expense Using the Aging Method)

• 1 year ago
• 826 views
Professor Curt DeBerg explains how to compute bad debt expense using an "allowance" method, There are two acceptable allowance methods under GAAP: the aging approach.and the percentage of sales me...
• I have an idea. SIFE should consider partnering with Students for the Advancement of Global Entrepreneurship (SAGE - http://sageglobal.org). SAGE targets teens in senior and junior secondary schools. We could call the "old SIFE" SAGE University, and the current organization "SAGE Schools". I was a Sam M. Walton SIFE Fellow from 1993-2005, but left the organization in 2005 to pursue SAGE. Students Advancing Global Entrepreneurship. Want more info? Contact me at cdeberg@sageblobal.org.

### SAGE is Local. SAGE is National. SAGE is Global..mp4

SAGE Global is an international network dedicated to creating the next generation of entrepreneurial leaders. This 6 minute video shows high school teens from 14 countries learning, maturing, and s...