Description
This course provides an overview of the role of accounting estimates within U.S. GAAP. It addresses some of the key areas where estimates are required, such as fair value measurements, impairment assessments, and contingent liabilities, and emphasizes their significance in financial reporting. The course also explores the inherent risks and challenges of using estimates, including the potential for bias and abuse.
Learning Objectives
Upon completion of this course, you will be able to:
• Identify key areas in U.S. GAAP where accounting estimates are required
• Recognize the potential risks and challenges associated with accounting estimates
• Differentiate between the proper use of estimates and instances of misuse or manipulation
• Determine the impact of inaccurate accounting estimates on 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/