- NY Credits : 9.0
- TX Credits : 9.0
This interactive self-study course discusses the accounting and disclosure requirements related to accounting changes and error corrections, consolidation, various topics related to investments, and leases as provided by generally accepted accounting principles (GAAP).
Course Expiration Date: December 31, 2021
Please note, the grading fee for answer sheets submitted by regular mail is $119.
Identify the GAAP requirements when an entity has an accounting change or makes an error correction.
Recognize the accounting and disclosure requirements GAAP makes in relation to consolidation.
Determine the requirements that apply to investments in debt and equity securities before and after the adoption of ASU 2016-01.
Determine the GAAP requirements for use of the equity method.
Determine GAAP requirements for other types of investments, including the use of the cost method, life insurance, and life insurance settlement contracts.
Recognize how to account for leases before and after the adoption of ASU 2016-02.
Identify the required lease disclosures both before and after the adoption of ASU-2016-02.
Lesson 1 – Accounting Changes and Error Corrections
Lesson 2 – Consolidation
Lesson 3 – Investments – Debt and Equity Securities
Lesson 4 – Investments – Equity Method and Joint Ventures
Lesson 5 – Investments – Other
Lesson 6 – Leases