Self-Study
Understanding Capitalized Interest – When and How to Apply It
Accounting for capitalized interest on constructed or produced long-lived assets, covering qualification criteria, capitalization amount calculations, and financial statement disclosure requirements.
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
Understanding Capitalized Interest – When and How to Apply It focuses on the accounting for capitalized interest in connection with the construction or production of long-lived assets. It explains how to determine whether an asset qualifies for interest capitalization, how to calculate the right amount, and how to figure out the capitalization period. The course also covers how to handle interest that doesn’t qualify for capitalization and what needs to be disclosed in the financial statements. Through practical guidance and examples, you’ll gain a solid understanding of how to apply the rules and reflect capitalized interest properly.
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Identify assets that qualify for interest capitalization
- Determine the amount of interest cost eligible for capitalization
- Recognize the period during which interest must be capitalized
- Distinguish between interest costs that are capitalized and those that must be expensed
Course Specifics
SS125446220
September 30, 2025
There are no prerequisites.
None
30
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
