Self-Study
Accounting for Exit or Disposal Cost Obligations – What CPAs Need to Know
Price range: $29.00 through $49.00
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
1 Credits: Accounting
Course Level
Overview
Format
Self-Study
Course Description
This course provides a focused overview of the accounting for exit and disposal cost obligations under ASC 420. It covers key topics such as workforce reductions and contract terminations, with an emphasis on recognizing and measuring related liabilities. We’ll also touch on the basic reporting and disclosure requirements under U.S. GAAP.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify the types of restructuringcosts within the scope of ASC 420
- Recognize the criteria for determining when exit and disposal costobligations should be recorded
- Differentiate between the timing and measurement requirements for restructuringliabilities
- Recognize reporting and disclosure requirements related to restructuring costs
Course Specifics
SS125444968
September 16, 2025
There are no prerequisites.
None
35
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Kelen is a recognized author and reviewer of CPE courses and has authored over 145 courses (350+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s Journal of Accountancy. Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as an Accounting Policy Advisor with HP. Prior to HP, he served in multiple …
QAS Self-Study
