Financial Accounting: Current Assets vs. Long-Term Assets (CPA)
Estimated Time: 4.5 hours
$64.00
Earn 6 Points for Completing
Credits
Learning Objectives
- Describe the different concepts related to current assets, including petty cash, marketable securities and accounts receivable
- Understand payment terms, such as 2/10 N30, and how they impact business operations
- Choose between FIFO and LIFO methods and apply them correctly to different accounting situations
- State important concepts related to long-term assets, such as capitalizing vs. expensing, tax reporting, depreciation methods and termination and disposition of assets
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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.
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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 6 CPEs.