Description
This course gives a quick overview of accounting for government grants under U.S. GAAP. You’ll see how to tell which grants qualify, the difference between asset and income grants, and when they can be recognized. It also covers how to present them in the financial statements and the key disclosures you need. By the end, you’ll know how to reflect government support accurately.
Learning Objectives
Upon completion of this course, you will be able to:
• Identify qualifying government grants and their types
• Recognize when grants can be recorded in the financial statements
• Determine proper presentation on the financial statements
• Recognize key disclosure requirements, including repayment terms
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/