QAS Self-Study
Overview
CPE Credits
5 Credits: Accounting
Course Description
When a business buys (or otherwise obtains) an asset, it falls to the accountant to record and follow the asset through its life and eventual disposal. This multi-year activity requires the development of cost-effective accounting systems that address classification, adjustment, and disclosure. The accountant is tasked with ongoing scrutiny and adjustment of what can be hundreds – even thousands – of complex items, some of which don’t even have physical substance. The design of efficient, cost-effective systems defines the art of accounting for assets; you’ll learn how to achieve this and much more from Steven M. Bragg.
In this course – a breakout of Steven’s bestselling Accountants’ Guidebook – we’ll take an in-depth look at how to work within the GAAP requirements of accounting for assets and examine suggestions and techniques for navigating this complex topic. We offer this course as a convenience for those of you who are interested in studying Essentials of Asset Accounting as a standalone topic.
This course covers material also contained in Accountants’ Guidebook.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
- Identify the key requirements of accounting for receivables
Chapter 2
- Cite the accounting for investment transfers and the impairment of securities
Chapter 3
- Identify the tracking and cost accumulation systems used for inventory
Chapter 4
- State the valuation and depreciation rules applicable to fixed assets
Chapter 5
- Identify the rules regarding goodwill impairment and the capitalization of intangible assets
Course Specifics
|
Course ID 1143394 |
Revision Date August 6, 2020 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
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)
Course Instructor
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. 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 an auditor with …
Essentials of Asset Accounting
$145.00 – $175.00
QAS Self-Study
Overview
CPE Credits
5 Credits: Accounting
Course Description
When a business buys (or otherwise obtains) an asset, it falls to the accountant to record and follow the asset through its life and eventual disposal. This multi-year activity requires the development of cost-effective accounting systems that address classification, adjustment, and disclosure. The accountant is tasked with ongoing scrutiny and adjustment of what can be hundreds – even thousands – of complex items, some of which don’t even have physical substance. The design of efficient, cost-effective systems defines the art of accounting for assets; you’ll learn how to achieve this and much more from Steven M. Bragg.
In this course – a breakout of Steven’s bestselling Accountants’ Guidebook – we’ll take an in-depth look at how to work within the GAAP requirements of accounting for assets and examine suggestions and techniques for navigating this complex topic. We offer this course as a convenience for those of you who are interested in studying Essentials of Asset Accounting as a standalone topic.
This course covers material also contained in Accountants’ Guidebook.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
- Identify the key requirements of accounting for receivables
Chapter 2
- Cite the accounting for investment transfers and the impairment of securities
Chapter 3
- Identify the tracking and cost accumulation systems used for inventory
Chapter 4
- State the valuation and depreciation rules applicable to fixed assets
Chapter 5
- Identify the rules regarding goodwill impairment and the capitalization of intangible assets
Course Specifics
|
Course ID 1143394 |
Revision Date August 6, 2020 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
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)
Course Instructor
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. 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 an auditor with …
Essentials of Asset Accounting
$145.00 – $175.00