• Course Information

    Title: Accounting for Investments
    Category: Accounting and Auditing
    Field of Study: Accounting
    Course Code: A021-0404
    CPE Credits: 4.0
    Price: $34.95
    Buy

Description

Description:
Companies have different motivations for investing in securities issued by other companies. One motivation is to earn a high rate of return. Another motivation for investing (in equity securities) is to secure certain operating or financing arrangements with another company. This course addresses the accounting and reporting requirements for investment securities and includes specific examples to illustrate the application. Key aspects of debt securities, such as classification, purchases, transfers, impairments, and presentation and disclosure, are addressed. The course also discusses how to account for equity securities and the impairment of investments. Finally, the course explains when to use the equity method and how to apply the equity method.

Delivery Method: Online Interactive Self Study

Level: Intermediate

Prerequisites: None

Advanced Preparation: None

Policies: Click here

Course Details

Author: Delta Publishing

Category: Accounting and Auditing

Field of Study: Accounting

Passing Score: 70%

Publication Date: 07/20/2021

Technical Details: Accounting: Technical

For More Detail: Click here

If you are unable to view PDF then right click the mouse and click save link as

Objectives

Objectives:
1. Identify the characteristics of trading securities, available-for-sale securities, and held-to-maturity securities.
2. Recognize the proper accounting treatment for investments in debt securities.
3. Identify how purchases, sales, and changes in fair value of securities affect different accounts.
4. Recognize the accounting models that apply to credit impairment of debt securities.
5. Recognize the proper accounting treatment for investments in equity securities.
6. Identify the proper classification and disclosure for investments in securities.
7. Identify the requirements for when to use the equity method, how to apply the equity method, and what disclosures are necessary.

For More Objectives: Click here

If you are unable to view PDF then right click the mouse and click save link as

Profession

NASBA: Yes

QAS: Yes

CPA: Suitable for all CPAs

IRS: No IRS credit for Enrolled Agents.

Profession Identifiers : CPA, CMA

Start Saving on Your CPE Today!

Join MasterCPE

Confirmation

Yes   No