Accounting for Liabilities – Estimation and Valuation

4.3 (8)

Christopher Demaline, CFE, CMA, CPA

Central Arizona College

Friday, January 15, 2021 | 10:00 AM EST

  • CPA
  • CVA
  • CMA
  • ABV

Credits: 1.5 CPE


Subject Area


Webinar Qualifies For

1.5 CPE credit of External Financial Reporting Decisions for CMAs

1.5 CPE credit of Accounting for all CPAs

1.5 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

1.5 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

Every decision a CPA makes, and every action a CPA takes, has risk implications. The benefits of each decision made must be balanced with its professional liability risk. The estimation and valuation of liabilities is a key aspect that accountants and tax professionals need to focus. 

This webinar focuses on the accounting-related complexities for estimated liabilities and contingent liabilities. This webinar will provide ideas about how you should identify and evaluate the risk implications of your decisions.

Key topics included in the webinar:

  • Customer loyalty programs, warranties, asset retirement obligations, and other examples. 
  • Generally accepted accounting principles (GAAP) recognition and disclosure methods.

With a lot of examples this webinar will be a great value to practical understanding of what practical situation one may face as an accounting professional. This webinar will serve as a guide for accounting and finance professionals who need to fully understand how to prepare and interpret financial reports.

Learning Objectives

  • To recognize liabilities related to economic transactions
  • To recognize valuation methods used when accounting for estimated liabilities
  • To identify accounting principles related to liabilities
  • To identify examples of estimated liabilities

Who Should Attend?

  • Bookkeeper
  • Accountant
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • CPA - Large Firm
  • Accounting Firm
  • Young CPA
  • CPA in Business
  • Entrepreneurial CPA
  • Senior Accountant
  • VP Accounts
  • Accounts Director
  • VP Finance
  • Cloud Accountants
  • Chief Accounting Officer
  • Entrepreneurial Accountant
  • Accounting Managers