CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Income Statement: Accounting and Reporting

Icon_Self-Study
Self-Study
Icon_Level
Intermediate
Credits
CPE Credits
4 Credits: Accounting

Course Description

This course addresses income statement accounting and reporting. It discusses a variety of accounting issues surrounding income statement items and related information; the format of the income statement, major income statement categories, unusual and nonrecurring items, discontinued operations, research and development costs, deferred compensation arrangements, share-based payment, compensation expense arising under a stock option plan, insurance costs, and earnings per share (EPS) calculation.

Learning Objectives

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

  • Identify the differences between a single-step income statement and a multiple-step income statement.
  • Recognize key items of the income statements and how they should be reported.
  • Determine the requirements for unusual or infrequent income.
  • Recognize requirements when reporting discontinued operations
  • Compute earnings per share in a simple and complex capital structures.
  • Recognize the ASC 220 requirements for comprehensive income.

Course Specifics

Course ID
1213554
Original Release Date
October 19, 2021
Number of Pages
98
Prerequisites

Basic Accounting

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Delta CPE LLC Headshot
Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Income Statement: Accounting and Reporting

Expert Instructors
Format
CPE CREDITS
4 Credits: Accounting

$116.00$136.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Intermediate
Credits
CPE Credits
4 Credits: Accounting

Course Description

This course addresses income statement accounting and reporting. It discusses a variety of accounting issues surrounding income statement items and related information; the format of the income statement, major income statement categories, unusual and nonrecurring items, discontinued operations, research and development costs, deferred compensation arrangements, share-based payment, compensation expense arising under a stock option plan, insurance costs, and earnings per share (EPS) calculation.

Learning Objectives

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

  • Identify the differences between a single-step income statement and a multiple-step income statement.
  • Recognize key items of the income statements and how they should be reported.
  • Determine the requirements for unusual or infrequent income.
  • Recognize requirements when reporting discontinued operations
  • Compute earnings per share in a simple and complex capital structures.
  • Recognize the ASC 220 requirements for comprehensive income.

Course Specifics

Course ID
1213554
Original Release Date
October 19, 2021
Number of Pages
98
Prerequisites

Basic Accounting

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Delta CPE LLC Headshot
Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Income Statement: Accounting and Reporting

Expert Instructors
Format
CPE CREDITS
4 Credits: Accounting

$116.00$136.00

Clear