Accounting for Investments ON DEMAND
Available Until
Your Desk
3.0 Credits
Member Price $87.00
Non-Member Price $100.00
Overview
The early 21st century witnessed a series of corporate scandals in the U.S., highlighting the critical need for ethical business practices and robust financial governance. This course tackles these issues by examining the root causes of these scandals, focusing on deceptive accounting practices and the failure of corporate governance. It agitates the ongoing issue of financial misreporting, emphasizing the importance of understanding the techniques used to manipulate a company’s financials. The course provides solutions by exploring the regulatory responses to these scandals, including the Sarbanes-Oxley Act’s impact on corporate behavior and audit quality. Participants will learn about the basics of stock-based compensation accounting, regulations safeguarding investors, and the role of good corporate governance in protecting shareholder value. Additionally, the course delves into the concepts of business ethics and corporate social responsibility, offering insights into maintaining high levels of accountability and transparency in business operations.
Highlights
Accounting for investments. Equity method. Nonprofit investment accounting. Investment controls and procedures.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Identify the characteristics of the various types of investments and the rules under which the investment classifications can be used. Also note the activities that will trigger the recognition of unrealized gains and losses. Specify the impact of various investee actions on an investor’s equity method recordation of its investment in the investee. Recognize the rules under which a nonprofit can record a purchased investment. Cite State the policies used to govern the administration of investments, and identify the dangers posed by measuring certain investment outcomes.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $100.00
Member Price $87.00