Factoring involves selling customer receivables to a financial intermediary, which then collects payment directly from the customers. This strategy is commonly used to accelerate cash flow. This course offers a high-level overview of the accounting and reporting considerations for accounts receivable factoring, focusing on the criteria for determining whether the transfer qualifies as a “true sale” or should be accounted for as a secured borrowing.

Learning Objectives
Upon completion of this course, you will be able to:
•    Identify the U.S. GAAP area applicable to factoring arrangements
•    List the specific conditions that must be met for a factoring arrangement to qualify as a sale
•    Recognize key evaluation considerations relating to true sale opinions
•    Recognize the accounting impacts from a factoring transaction

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/