This course offers an overview of the accounting and financial reporting obligations related to litigation. It covers the classification of litigation outcomes as probable, reasonably possible, or remote, along with guidance on evaluating, recognizing, measuring, and disclosing litigation-related contingencies.

Learning Objectives
Upon completion of this course, you will be able to:
•    Identify when to accrue a liability for litigation-related contingencies under ASC 450-20
•    Differentiate between probable, reasonably possible, and remote litigation outcomes
•    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/