2026 Accounting for Current and Long-Term Liabilities

Description

Every business has both current and long-term liabilities that must be tracked and recorded. Accounting for Current and Long-Term Liabilities is a course that discusses important characteristics of liabilities and how liabilities are classified and reported in financial statements. This course will identify how to distinguish between current and long-term liabilities. This course will identify what liabilities are classified as current liabilities and what liabilities are classified as long-term liabilities. This course will also provide examples of recording both current and long-term liabilities.

Learning Objectives
At the end of this course, students will be able to:
•    Identify the criteria for a liabilities
•    Recognize what differentiates a current liability from a long-term liability
•    Identify the nature and recording of current liabilities
•    Recognize the disclosure criteria for contingent liabilities
•    Recognize the recording criteria for payroll and payroll related taxes
•    Identify the nature and recording of long-term liabilities

To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate.

A course evaluation form is provided for your feedback, upon course completion. Participants have 1 year from the date of purchase/enrollment to complete this course

Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/