Self-Study
Recognizing and Accounting for Imputed Interest – A Practical Guide
Recognize and account for imputed interest under U.S. GAAP, covering when interest must be recognized in unstated agreements, determining appropriate rates, calculating impacts, and identifying qualifying transactions.
Price range: $29.00 through $49.00
Webcasts are available for viewing Monday – Friday, 8am – 8pm ET,
and Saturday & Sunday, 10am – 6pm 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
Recognizing and Accounting for Imputed Interest – A Practical Guide provides a clear and practical look at the accounting for imputed interest. It walks through when and why interest must be recognized even if it’s not stated in an agreement, how to determine a reasonable interest rate, and how to calculate and record the resulting interest over time. You’ll learn how to spot transactions that require interest imputation, apply the relevant rules to various types of arrangements, and reflect the impact in the financial statements.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify situations where imputed interest must be recognized under U.S. GAAP
- Determine the appropriate interest rate to use when imputing interest
- Recognize the financial statement impact of recording imputed interest
- Distinguish between arrangements that require imputation and those that do not
Course Specifics
SS125446392
October 1, 2025
There are no prerequisites.
None
32
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
