CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Current Assets and Asset Valuation

  • CPA/ABV
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
Current Assets and Asset Valuation live webinar

2 Credits

$20

Subject Area

Accounting

Webinar Qualifies For

2 CPE credit of Accounting for all CPAs

2 CPE credit for Certified Management Accountants (CMA)

2 CPE credit for Certified Internal Auditors (CIA)

2 PL credit for Chartered Financial Analyst (CFAs)

2 CPE credit for Internal Audit Practitioner (IAP)

2 CPE credit for Qualification in Internal Audit Leadership (QIAL)

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

2 CPD credit (Verifiable) for CPA/ABV

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

The Fundamentals of PEOs: Everything You Need to Know to Find, Refer and Work with a Professional Employer Organization

(648)

Oct 19, 2021 | 02:00 PM EDT View Details

Intermediate Payroll for the Administrative Professional

(1)

Oct 19, 2021 | 02:00 PM EDT View Details

Introduction to Government Accounting

(2)

Oct 19, 2021 | 02:30 PM EDT View Details

Ethics at Work

(7)

Oct 19, 2021 | 02:30 PM EDT View Details

Why Client Experience Matters in Every Accounting Firm

(202)

Oct 19, 2021 | 03:00 PM EDT View Details

Forensic Accounting: Fraud Investigation Engagements

Oct 19, 2021 | 03:00 PM EDT View Details

IRS Representation Series - Reducing IRS Assessments for Interest & Penalties

(1)

Oct 19, 2021 | 03:00 PM EDT View Details

Sales Tax Liabilities Of Manufacturers And Other Service Providers

(173)

Oct 19, 2021 | 04:00 PM EDT View Details

President Biden's Tax Proposals: A First Look At The Pending Storm

(202)

Oct 19, 2021 | 04:00 PM EDT View Details

SOX Internal Controls For Accounts Payable, Receivable & Inventory

(13)

Oct 20, 2021 | 09:00 AM EDT View Details

S-Corp Preparation, Basis Calculations & Distributions – Form 1120S Schedule K & K-1 Analysis

(119)

Oct 20, 2021 | 09:00 AM EDT View Details

Is It Time for a Development Audit?

(1)

Oct 20, 2021 | 09:00 AM EDT View Details

IFRS Fixed Assets (Property, Plant & Equipment)

(6)

Oct 20, 2021 | 09:30 AM EDT View Details

QBO: Build Right Chart of Accounts - Base for Accounting and Reading Financial Statement

(5)

Oct 20, 2021 | 10:00 AM EDT View Details

How to deal effectively with IRS Examinations and Criminal Investigations?

(21)

Oct 20, 2021 | 10:00 AM EDT View Details

Course Description

The term current assets will represent all the assets of the firm that are expected to be easily sold, utilized, consumed, or exhausted through the company’s or standard business operations which can lead to their conversion into cash value within the single year.

The sub-division of financial statements and the valuation of assets are two of the most important elements in the development of modern financial statements. The purpose of this CPE course is to explore methods for the recognition, grouping, and valuation of assets on the balance sheet.

This CPE course focuses on how companies manage and account for the primary current assets such as accounts receivable, inventory and some investments.

This continuing education course also provides a broad discussion of the general ways in which assets are depicted on the financial statements.  The financial statements and the footnotes of the companies featured in this CPE course include Caterpillar Financial, Caterpillar Manufacturing, John Deere, Nordstrom, Yahoo, Barnes & Noble, and Amazon.

Major topics highlighted in this Accounting CPE webinar:

  • An overview of accounts receivable and bad debts accounting  
  • An overview of inventory accounting 
  • Inventory accounting for manufacturers
  • Inventory accounting: cost flow assumptions          
  • Asset valuation methods

Learning Objectives

  • To describe how receivables appear on the balance sheet and explain how bad debts are accounted for. 
  • To list and describe the four basic issues involved in accounting for merchandise inventory.
  • To differentiate raw materials, work in process and finished goods, and explain how costs are attached to the inventory account as products move through the manufacturing process and are eventually sold.
  • To list and define the three primary inventory cost flow assumptions and how they affect both the balance sheet and the income statement.
  • To list and describe the basic asset valuation approaches and explain how each approach affects the financial statements.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Assistant Controllers
  • Business Owner
  • CEO
  • Certified Management Accountant
  • Certified Public Accountant
  • Certified Valuation Analysts
  • CFO/Controller
  • Chief Accounting Officer
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Directors of Finance
  • Entrepreneurial Accountant
  • Finance Pros
  • Staff of Accounting Firm
  • Young CPA

Testimonial

4.5

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JS

Very well presented but does not apply to me.