This course focuses on the accounting-related complexities for estimated liabilities and contingent liabilities. Customer loyalty programs, warranties, asset retirement obligations, and other examples are discussed.Generally accepted accounting principles (GAAP) recognition and disclosure methods are also presented.
This course will serve as a guide for accounting and finance professionals who need to fully understand how to prepare and interpret financial reports.
Learning Objectives
- Recognize liabilities related to economic transactions
- Recognize valuation methods used when accounting for estimated liabilities
- Identify accounting principles related to liabilities
- Identify examples of estimated liabilities
Last updated/reviewed: March 8, 2024
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Prerequisites
Course Complexity: Advanced
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Christopher DemalineProfessor