Accounting Foundations: Asset Impairment
With Jim Stice and Earl Stice
Liked by 1,217 users
Duration: 1h 29m
Skill level: Advanced
Released: 3/4/2020
Course details
Goodwill, accounts receivable, and other long-term assets often have a market value that is less than the book value, or cost, of the asset. In this course, you can learn how to account for this on the balance sheet through asset impairment. Working with impaired assets also requires understanding how to value those assets from year to year and audit the reported value. This course covers all the aspects of identifying, reporting, and auditing the acquisition, depreciation, and impairment of tangible and intangible assets. Plus, learn about the option for upward revaluation—write-up—available under the International Financial Reporting Standards rules.
Skills you’ll gain
Meet the instructors
Learner reviews
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Jonathan Bullock
Jonathan Bullock
Senior Staff Accountant at Occidental Petroleum Corporation (CGMA, ACMA)
Contents
What’s included
- Practice while you learn 1 exercise file
- Test your knowledge 5 quizzes
- Learn on the go Access on tablet and phone
- Stay up to date Continuing Education Units
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