This course provides an overview of the accounting and financial reporting requirements with respect to litigation.  This includes distinguishing between probable, reasonably possible, and remote litigation outcomes as well as how to evaluate, recognize, measure, and disclose litigation-related contingencies.

Learning Objectives
Upon completion of this course, you will be able to:
•    Differentiate between probable, reasonably possible, and remote litigation outcomes
•    Identify when to accrue a liability for litigation-related contingencies under ASC 450-20
•    Recognize the role of legal counsel in the litigation process
•    Identify the appropriate financial statement disclosures for litigation-related contingencies

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/