- NY Credits : 8.0
- TX Credits : 8.0
This interactive self-study course covers a variety of issues that come up in generally accepted accounting principles (GAAP). Lesson 1 discusses matters related to foreign currency. Lesson 2 examines how comprehensive income is reported on an entity's income statement. Lesson 3 discusses requirements related to property, plant, and equipment. Lesson 4 takes a look at retirement benefits. Finally, Lesson 5 concludes the course with a discussion of transfers and servicing.
Course Expiration Date: December 31, 2021
Please note, the grading fee for answer sheets submitted by regular mail is $119.
Identify appropriate accounting and disclosure requirements related to foreign currency statements, foreign currency transactions, and other matters.
Determine what accounting and disclosure requirements apply when reporting comprehensive income.
Recognize what accounting and disclosure requirements are applicable to property, plant, and equipment including long-lived assets, depreciation, impairment, and real estate sale-leaseback transactions.
Determine what accounting requirements apply to different types of retirement plans.
Recognize the various accounting and disclosure requirements that apply to transfers and servicing.
Lesson 1—Foreign Currency Matters
Lesson 2—Income Statement—Reporting Comprehensive Income
Lesson 3—Property, Plant, and Equipment
Lesson 4—Retirement Benefits
Lesson 5—Transfers and Servicing