Essentials of Asset Accounting FLEXCAST
Available Until
Your Desk
5.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
This comprehensive online self-study CPE course, expertly presented by Steven M. Bragg, offers an invaluable deep dive into the essentials of asset accounting. It’s designed for professionals seeking to enhance their skills in managing the lifecycle of business assets within GAAP guidelines. The course covers key aspects such as accounting for receivables, investment transfers, inventory tracking systems, and the valuation and depreciation of fixed assets. Participants will benefit from Bragg’s insights into more complex areas like goodwill impairment and the capitalization of intangible assets. The course is structured to provide not only theoretical understanding but also practical techniques for navigating the complexities of asset accounting. By completing this online CPE course, participants will gain a robust understanding of effective asset management, enhancing their capability to implement cost-effective accounting systems in their professional practices.
Highlights
Accounting for receivables. Accounting for investments. Accounting for inventory. Accounting for property, plant, and equipment. Accounting for intangibles.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Identify the key requirements of accounting for receivables. Cite the accounting for investment transfers and the impairment of securities. Identify the tracking and cost accumulation systems used for inventory. State the valuation and depreciation rules applicable to fixed assets. Identify the rules regarding goodwill impairment and the capitalization of intangible assets.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
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 Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $56.00
Member Price $49.00