- NY Credits : 9.0
- TX Credits : 9.0
Accounting for Liabilities
Accounting for Liabilities provides the user with a detailed presentation of contingencies, unconditional purchase obligations, imputed interest on debt, and other liability topics. As an intermediate level course, this course is most beneficial for professional with a detailed knowledge in accounting for liabilities and/or experience at a mid-level position within an organization with operational or supervisory responsibilities, or both.
Upon successful completion of Accounting for Liabilities, the user should be able to:
calculate imputed interest on debt and debt with equity features,
recognize troubled debt restructuring,
identify unconditional purchase obligations,
identify extinguishment of debt, and
recognize the financial instruments project.