CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

All New and Current customers who purchase the Premium, Plus, or Core (Total Value Package) 2021 Federal Tax Update or the 2021 Federal and California Update will get the Tax Advisory Complement Bundle for free.

NOTE:

  • New Federal Tax Update customers will get an immediate email with a coupon code for the free course once their Tax Update purchase is complete.
  • Current Customers that purchased the Premium, Plus, or Core (Total Value Package) 2021 Federal Tax Update will get an email with a coupon code to get the Tax Advisory Complement Bundle for free.

Essentials of Asset Accounting

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
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

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

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 …

Steven M. Bragg, CPA Read More »

Essentials of Asset Accounting

Expert Instructors
Format
CPE CREDITS
5 Credits: Accounting

$145.00$175.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
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

Course Instructor

Steven M. Bragg Headshot
Steven M. Bragg, CPA

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 …

Steven M. Bragg, CPA Read More »

Essentials of Asset Accounting

Expert Instructors
Format
CPE CREDITS
5 Credits: Accounting

$145.00$175.00

Clear