- NY Credits : 4.0
- TX Credits : 4.0
Accounting for Investments in Debt and Equity Securities
This course discusses the background of ASC 320 and its basic requirements. You will learn about the classification and accounting of marketable debt and equity securities, as well as how these securities are reported in the financial statements and their footnotes. The course will also look at the impairment of investments and ASC 320's effect on an entity's accounting for income taxes.
Upon successful completion of Accounting for Investments in Debt and Equity Securities, the user should be able to:
describe accounting requirements;
discuss dispositions, transfers between categories, and impairment; and
explain income taxes, fair value, and reporting and audit considerations.