Classification and Accounting for Debt and Equity 3.5 Credits 3.5 Credits
Learning mode
The classification and accounting for debt and equity instruments can be complicated due in part to the complexity inherent in certain instruments, the sheer volume of transaction documents that may need to be considered in performing the accounting analysis, and the myriad of accounting guidance that may be relevant.
In many cases, an accounting outcome can be significantly affected by the existence or absence of one sentence in the relevant documents. Consideration needs to be given to not only the appropriate balance sheet classification of instruments, such as preferred stock and warrants, which may have both debt and equity characteristics but also the subsequent measurement.
Additionally, instruments such as debt and preferred stock oftentimes have embedded features that may need to be given separate accounting recognition. The accounting analysis is further complicated if multiple instruments are issued as part of the same transaction as that typically necessitates an allocation of proceeds to the various instruments or features.
This CPE webinar begins by discussing the concept of classification and its essential role in financial statements. It then moves into coverage of the company’s two primary forms of financing: debt and equity. The financial statements and the footnotes of the companies featured in this CPE course include General Motors, Volkswagen (an IFRS user), Amazon, Home Depot, and Panera.
Major topics covered in this online CPE Accounting webinar:
| License details | Credits | Status |
|---|---|---|
| Accounting for Certified Public Accountants (CPA-US) | 3.5 CPE | Approved |
| Financial Accounting for Certified Internal Auditors (CIA) | 3.5 CPE | Eligible |
| Financial Reporting for Certified Management Accountants (CMA) | 3.5 CPE | Eligible |
| Financial Reporting for Accredited in Business Valuation (ABV) | 3.5 CPD | Eligible |
| Accounting for Chartered Financial Analyst (CFA) | 3.5 PL | Eligible |
| Accounting for Certified Fraud Examiner (CFE) | 3.5 CPE | Eligible |
| Accounting for Certified Government Financial Manager (CGFM) | 3.5 CPE | Eligible |
| Accounting for Internal Audit Practitioner (IAP) | 3.5 CPE | Eligible |
| Financial Reporting for Certified Financial Forensics (CFF) | 3.5 CPD | Eligible |
| Financial accounting for Certified Valuation Analyst (CVA) | 3.5 CPE | Eligible |
| Accounting for Qualification in Internal Audit Leadership (QIAL) | 3.5 CPE | Eligible |
| Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) | 3.5 CPE | Eligible |
| Accounting for CIPM | 3.5 PL | Eligible |
| Financial accounting concepts for Certified FP&A Professional (FP&A) | 3.5 CE | Eligible |
| License details | Credits | Status |
|---|---|---|
| Accounting for Certified Public Accountants (CPA-US) | 3.5 CPE | Approved |
| Financial Accounting for Certified Internal Auditors (CIA) | 3.5 CPE | Eligible |
| Financial Reporting for Certified Management Accountants (CMA) | 3.5 CPE | Eligible |
| Financial Reporting for Accredited in Business Valuation (ABV) | 3.5 CPD | Eligible |
| Accounting for Chartered Financial Analyst (CFA) | 3.5 PL | Eligible |
| Accounting for Certified Fraud Examiner (CFE) | 3.5 CPE | Eligible |
| Accounting for Certified Government Financial Manager (CGFM) | 3.5 CPE | Eligible |
| Accounting for Internal Audit Practitioner (IAP) | 3.5 CPE | Eligible |
| Financial Reporting for Certified Financial Forensics (CFF) | 3.5 CPD | Eligible |
| Financial accounting for Certified Valuation Analyst (CVA) | 3.5 CPE | Eligible |
| Accounting for Qualification in Internal Audit Leadership (QIAL) | 3.5 CPE | Eligible |
| Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) | 3.5 CPE | Eligible |
| Accounting for CIPM | 3.5 PL | Eligible |
| Financial accounting concepts for Certified FP&A Professional (FP&A) | 3.5 CE | Eligible |
Credits
3.5
Course Level
Basic
Instructional Method
QAS Self Study
Group Internet Based
Pre-requisites
None
Advance Preparation
None
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.
Lambers Financial is a leader in providing E-learning courses for accounting professionals looking to achieve the industry's most recognized designations such as the Certified Public Accountant (CPA) and Enrolled Agent (EA). Accounting and finance professionals around the world incorporate Lambers products into their training programs.
Lambers CPA Review was started by Vincent W. Lambers in July of 1966 in Boston, MA. The first class had six students and from that point, the program grew to be the largest live instruction CPA Review program in New England. The Lambers teaching method of illustrations, examples and working problems has helped over 250,000 candidates pass the CPA Exam since that first class in 1966.
Today, Lambers review courses deliver that same successful teaching style to exam candidates via online video, unique adaptive testing software, and textbooks. Over the last two decades, we've expanded our offerings to include the Enrolled Agent (EA), an extensive library of both IRS approved continuing education (CE) courses (including the IRS Federal Tax Refresher (AFTR) course for registered tax professionals), and NASBA approved continuing professional education (CPE).
See why Lambers Financial has remained a leader in professional education for over fifty years! Visit our website today to check out our full line of review courses and titles.
What is Self Study (QAS)?
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.
How do I earn CPE credits through self-study?
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.
Are the self-study courses approved by NASBA and other regulatory bodies?
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.
What are the requirements to maintain compliance with self-study courses?
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.
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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.
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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.
What is a Live Webinar Group Internet-Based Credit?
A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.
How do I earn credits through live webinars?
To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.
Are the live webinars approved by NASBA and other regulatory bodies?
Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.
What are the requirements to maintain compliance with live webinar courses?
To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
How can I access my webinar completion certificates?
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your 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.
How are credits reported to governing bodies?
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.
DD
This was well presented and the slides were very easy to understand.
JE
Very informative course.
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