This course provides an overview of lesser-known areas of U.S. GAAP that extend beyond the major accounting standards commonly encountered by CPAs. It explains the accounting requirements for research and development costs, customer acquisition costs, capitalized interest, debt modifications, receivables factoring, government grants, environmental credits and obligations, restructuring activities, financial distress, and subsequent events. The course also explores the recognition, measurement, presentation, and disclosure considerations for these specialized accounting topics, using practical examples to demonstrate how the guidance is applied in real-world financial reporting situations.

Learning Objectives
Research & Development
  Upon completion of Chapter 1, you will be able to:
   •    Identify the key components that define research and development activities
   •    Distinguish between research and development as separate concepts
   •    Recognize the scope and scope exceptions applicable to R&D under ASC 730-10
   •    Determine the recognition requirements for R&D costs
   •    Recall the disclosure requirements related to R&D in financial statements

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/