Current Assets and Asset Valuation (CPA)

Estimated Time: 2.5 hours

$49.00

Earn 3 Points for Completing

Add to Cart
This course is course 6 in the 8 - course series on Financial Reporting and Analysis offered by PRATTedu. It is comprised of 5 videos, focusing on how companies manage and account for the primary current assets: accounts receivable, inventory and some investments. It also provides a broad discussion of the general ways in which assets are depicted on the financial statements. The financial statements and the footnotes of the companies featured in this course include Caterpillar Financial, Caterpillar Manufacturing, John Deere, Nordstrom, Yahoo, Barnes & Noble, and Amazon. Course Type: Video. Worth 3 Technical CPE Credits (CPA/NASBA).

Credits

3 CPE Credits
Image not found.

Learning Objectives

  • Describe how receivables appear on the balance sheet and explain how bad debts are accounted for
  • List and describe the four basic issues involved in accounting for merchandise inventory
  • Differentiate raw materials, work in process and finished goods, and explain how costs are attached to the inventory account as products move through the manufacturing process and are eventually sold
  • List and define the three primary inventory cost flow assumptions and how they affect both the balance sheet and the income statement
  • List and describe the basic asset valuation approaches and explain how each approach affects the financial statements

How do I earn credits with VTR Learning?

Can I earn free credits?

How quickly do I receive my credits after completing a course?

How long do I have to complete my course?

What happens if I fail my course?

Do I earn a certificate of completion?

Field of Study: Accounting - Prerequisites & Advanced Preparation: None - CPE Credit Type: Technical - Delivery Method: QAS Self Study - For more information regarding administrative policies such as complaint and refund, please contact our Customer Success team at support@vtrpro.com or visit our Help webpage.

Here are some other courses you might like:

Human Resources: Motivation & Behavior
$49
Business Simulation
Human Resources: Motivation & Behavior
2 PDCs
2 CEUs
Add to Cart
Data-Driven Decision Making
$249
Business Simulation
Data-Driven Decision Making
24 PDCs
22 CEUs
Add to Cart
SEC Pay Versus Performance Disclosures - What You Need to Know (CPA)
$29
eBook
SEC Pay Versus Performance Disclosures - What You Need to Know (CPA)
1 CPE Credits
Add to Cart
End User Security Awareness (CPA)
$59
Video
End User Security Awareness (CPA)
4.5 CPE Credits
Add to Cart

CPA: VTR is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org. This program is valid for 3 CPEs.