FASB Clarifies Induced Conversion Guidance with ASU 2024-04 0.2 Credit
Learning mode
The latest FASB update on induced conversions introduces significant adjustments to the way companies account for the settlement of convertible debt instruments whose conversion are induced. With the advent of ASU 2024-04, the clarifies the guidance for induced conversion accounting. But how exactly does this influence your accounting procedures? This nano-learning course will take you step by step through the essential updates and how to implement them with precision. How do these modifications affect entities issuing convertible debt with cash-conversion features and that are not convertible yet. This course provides clear, actionable insights designed to support accountants and finance professionals.
Major Topics:
By the end of this course, you’ll be able to navigate the new criteria for induced conversion accounting and understand its implications for financial reporting. Join us to ensure your compliance and enhance your understanding of these vital changes to U.S. GAAP.
Note: Please be aware that not all state boards universally recognize Nano-learning. If you are unsure about your state board’s acceptance of Nano-learning, it’s advisable to seek clarification from them or visit the NASBA registry for further information.
Enter your qualification details to ensure this course is counted toward your compliance.
Add your qualification details to easily track your compliance. You can also add multiple qualifications for comprehensive coverage.
Credits
Course Level
Instructional Method
Pre-requisites
Advance Preparation
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.
Atul is a seasoned Chartered Accountant from India with over 13 years of experience. In his previous roles as an accounting advisor with Big 4s, he has assisted global companies in project management, implementation of a sustainable reporting processes including implementation of complex accounting and reporting guidance under the US GAAP and IFRS Accounting Standards in India, the UK and Singapore. He has also worked as a Product and Legal Entity Controller with two of the largest global banks.
Atul have also been part of one of the Big 4s Department of Professional Practice where he has contributed to accounting handbooks and co-authored articles on US GAAP and IFRS Accounting Standards. He has been actively involved in standard setting activities with the FASB and IASB in his previous roles.
Atul is a Deloitte certified facilitator and holds a Trainer Developments Skills certification from Dale Carnegie & Associates, Inc. Atul have delivered plentiful sessions on technical accounting matters (IFRS and US GAAP) and soft skills for clients and internal team members of the organisations he has worked with.
Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.
To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.
Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.
To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.
After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.
Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.
Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.
Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.
The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.
Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.
This course is included with,
Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:
Pre-selected courses for quick compliance
Connect with like-minded professionals on Teams.
Trusted by 250,000+ Professionals
