- NY Credits : 16.0
- TX Credits : 16.0
This interactive self-study course looks at eight topics related to generally accepted accounting procedures (GAAP). Lesson 1 discusses the disclosure requirements for an entitys accounting policies and the information that may appear in the notes to the financial statements. Lesson 2 takes a look at business combinations. Lesson 3 examines contingencies. Lesson 4 covers equity. Lesson 5 discusses financial instruments. Lesson 6 explores goodwill and other intangibles. Lesson 7 examines the two facets of an entitys interest. Finally, Lesson 8 discusses revenue recognition.
Course Expiration Date: December 31, 2020
Please note, the grading fee for answer sheets submitted by regular mail is $109.
Recognize rules and disclosure requirements that apply to an entitys choice of accounting policies.
Identify the various accounting and disclosure requirements that apply to business combinations.
Determine what accounting and disclosure requirements apply when an entity has contingencies.
Recognize how to appropriately account for and make disclosures about equity.
Determine the best ways for dealing with the fair value option, registration payment arrangement, and other accounting and disclosure issues related to financial instruments.
Identify the accounting and disclosure requirements that affect assets with no physical substance, such as goodwill.
Recognize how to deal with the accounting and disclosure requirements for capitalizing interest and imputing interest.
Lesson 1—Accounting Policies and Notes to Financial Statements
Lesson 2—Business Combinations
Lesson 5—Financial Instruments
Lesson 6—Intangibles—Goodwill and Other
Lesson 8—Revenue Recognition