WGU D105 – Intermediate Accounting III Study Guide | Actual verified study
complete Solutions | 2026 Updated | 100% correct
Course Overview
Unit 1: Introduction
Welcome to Intermediate Accounting III! This course serves as the third in
a series of three in-depth financial accounting courses for accounting
majors. The focus of the course is on advanced concepts of accounting
and their application to business.
This course is delivered in MyEducator, where students will access reading
material, instructional videos, learning checks, module quizzes, and unit
tests to help them practice and apply their knowledge. Competency will be
demonstrated by successfully completing two PAs and two OAs.The first
PA and OA are available after Unit 4 (Units 2-4); the second PA and OA
are available after Unit 9 (Units 5-9). These assessments include multiple
choice problems and tests of knowledge application using Microsoft Excel.
The Topics and Pacing page in the Unit 1 Introduction Module breaks
down your assigned work in a weekly format. You can change the pace to
faster or slower, depending on your personal preference. Reading and
watching the videos is an effective way to study; or watching the video and
then reading the text might be better for you. Either way, please do both to
help your understanding.
Excel Assignments and Installing the Add-In explain that Excel 365 is
used in this course, the version to use, and that it’s free to download. An
Add-In needs to be installed in Excel, in order to Excel to work with
MyEducator.
Please Note: You will need to be logged into your D105 Course in
order to access the links provided below.
, Unit 2: Revenue Recognition (Module 1)
Students will apply the current authoritative guidance to the recognition of
revenue. They will be able to:
• Discuss the fundamental concepts related to revenue recognition and
measurement.
• Apply the five-step process to major revenue cognition issues.
• Describe the presentation and disclosure requirements regarding
revenue.
• Apply revenue recognition for long-term contracts.
Complete the following learning activities:
1. Read the material and watch the associated videos. The order is
not critical, but doing both activities is!
2. At the end of each lesson, complete the Learning Check. Use
your notes or the textbook as needed; use these questions to
build your knowledge, not to test it.
3. At the end of each module, complete the Module Quiz – open
book. Repeat as necessary to increase your comfort level with
the material.
4. At the end of each unit, complete the Unit Test – open book.
Repeat as necessary to increase your comfort level with the
material.
Click here for additional supplemental practice to support your progress.
Unit 3: Accounting for Investments (Module 2)
The graduate accounts for investments in accordance with generally
accepted accounting principles (GAAP). They will be able to:
• Account for investments in debt securities.
• Account for investments in equity securities.
• Apply the equity method of accounting.
• Describe the consolidation method of accounting.
• Analyze other major issues related to investments in debt and equity
securities.
complete Solutions | 2026 Updated | 100% correct
Course Overview
Unit 1: Introduction
Welcome to Intermediate Accounting III! This course serves as the third in
a series of three in-depth financial accounting courses for accounting
majors. The focus of the course is on advanced concepts of accounting
and their application to business.
This course is delivered in MyEducator, where students will access reading
material, instructional videos, learning checks, module quizzes, and unit
tests to help them practice and apply their knowledge. Competency will be
demonstrated by successfully completing two PAs and two OAs.The first
PA and OA are available after Unit 4 (Units 2-4); the second PA and OA
are available after Unit 9 (Units 5-9). These assessments include multiple
choice problems and tests of knowledge application using Microsoft Excel.
The Topics and Pacing page in the Unit 1 Introduction Module breaks
down your assigned work in a weekly format. You can change the pace to
faster or slower, depending on your personal preference. Reading and
watching the videos is an effective way to study; or watching the video and
then reading the text might be better for you. Either way, please do both to
help your understanding.
Excel Assignments and Installing the Add-In explain that Excel 365 is
used in this course, the version to use, and that it’s free to download. An
Add-In needs to be installed in Excel, in order to Excel to work with
MyEducator.
Please Note: You will need to be logged into your D105 Course in
order to access the links provided below.
, Unit 2: Revenue Recognition (Module 1)
Students will apply the current authoritative guidance to the recognition of
revenue. They will be able to:
• Discuss the fundamental concepts related to revenue recognition and
measurement.
• Apply the five-step process to major revenue cognition issues.
• Describe the presentation and disclosure requirements regarding
revenue.
• Apply revenue recognition for long-term contracts.
Complete the following learning activities:
1. Read the material and watch the associated videos. The order is
not critical, but doing both activities is!
2. At the end of each lesson, complete the Learning Check. Use
your notes or the textbook as needed; use these questions to
build your knowledge, not to test it.
3. At the end of each module, complete the Module Quiz – open
book. Repeat as necessary to increase your comfort level with
the material.
4. At the end of each unit, complete the Unit Test – open book.
Repeat as necessary to increase your comfort level with the
material.
Click here for additional supplemental practice to support your progress.
Unit 3: Accounting for Investments (Module 2)
The graduate accounts for investments in accordance with generally
accepted accounting principles (GAAP). They will be able to:
• Account for investments in debt securities.
• Account for investments in equity securities.
• Apply the equity method of accounting.
• Describe the consolidation method of accounting.
• Analyze other major issues related to investments in debt and equity
securities.
