CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Self-Study

Accounting for Bonds

1 Credits: Accounting

$29.00$49.00

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Accounting for Bonds

Format
Self-Study
Course Level
Overview
CPE Credits

1 Credits: Accounting

Course Description

An organization that sells bonds to investors must deal with a variety of transactions. In the Accounting for Bonds course, we cover the accounting for every possible event, including the initial bond issuance, interest payments, the amortization of discounts or premiums, and the eventual redemption of bonds. We also address several related topics, including the effective interest method, how to account for convertible bonds, and dealing with bonds issued between interest payment dates.

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Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify the contents of a bond certificate and bond agreement.
  • Specify how bond accounts are classified in the issuer’s accounting records.
  • Recall how a bond discount or premium is amortized.
  • Specify how the effective interest method works.
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Course Specifics

Course ID
SS124376002
Revision Date
March 1, 2024
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Number of Pages
32

Compliance Information

NASBA Provider Number: 103220

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

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …