Accounting for Investments ON DEMAND
Available Until
Your Desk
3.0 Credits
Member Price $87.00
Non-Member Price $100.00
Overview
A business that has a range of investments needs to account for them, and those investments are subject to a number of accounting rules. This course clarifies the situation by describing how the accounting varies for each type of investment classification. The course also notes the treatment of impaired assets, how to deal with realized and unrealized gains and losses, and the treatment of other accounting concepts. In addition, the course describes the controls, forms, and procedures needed to effectively manage investments. In short, it addresses every possible aspect of the accounting for investments.
Highlights
Accounting for investments. Equity method. Nonprofit investment accounting. Investment controls and procedures.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Identify the characteristics of the various types of investments, and the rules under which the investment classifications can be used. Also note the activities that will trigger the recognition of unrealized gains and losses. Specify the impact of various investee actions on an investor’s equity method recordation of its investment in the investee. Recognize the rules under which a nonprofit can record a purchased investment. State the policies used to govern the administration of investments, and identify the dangers posed by measuring certain investment outcomes.
Preparation
None.
Notice
None.
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 $100.00
Member Price $87.00