Financial Accounting: Current Assets vs. Long-Term Assets (CPA)
Estimated Time: 4.5 hours
$64.00
Earn 6 Points for Completing
UPDATED 2023: It never hurts to brush up on the basics, and with this course in current and long-term assets, you can do just that. However, you’ll enter into a conversation on topics like FIFO/LIFO, tax reporting and others in a whole new way – as an intern for Central Products’ accounting department. In this fictional setting, you’ll have the option to review important aspects of financial accounting by seeing them performed in a real-life manner. Course Type: Business Simulation. Worth 6 Technical CPE Credits (CPA/NASBA).
Credits
6 CPE 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
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:
UPDATED 2024: As payroll professionals are well aware, there’s much more to payroll than the simple transaction of money for time. The practice includes pay structures, health insurance, benefits and multiple other facets. And sometimes, it’s helpful to go back to the basics for a quick refresher. That’s exactly what this course offers, in a narrative, story-based format. So, alongside the HR team at Central Products, you can see issues of payroll as they might happen in a real setting. Course Type: Business Simulation. Worth 3 RCHs (APA).
Human Resources: The Basics of Payroll (APA)
FREE $49
Business Simulation
Human Resources: The Basics of Payroll (APA)
3 RCHs
Add to Cart
Sometimes, it’s easier to learn business principles on-the-go, and with this eBook about human resources management, you can do just that. Taken from the large, narrative course of the same name, Promoting Organizational Success focuses on building a strong basis for understanding the mission and practices of HR, looking at issues like legality, hiring new employees, workplace safety, and motivation through leadership. Course Type: eBook. Worth 10.5 PDCs (SHRM).
[eBook] Human Resources: Promoting Organizational Success
$99
eBook
[eBook] Human Resources: Promoting Organizational Success
10.5 PDCs
9 CEUs
Add to Cart
This is a non-technical ACI Learning course designed for every end user. Our experts explain very common security topics that are critical to be aware of in today's work environment, but explains in the end-user's non-technical language, so everyone can understand. Many stories are told as examples for easier understanding. One might think this is super easy and doesn't go deep on topics, but you would be wrong. This course is a perfect fit for everyone to understand and prevent security risk. Course Type: Video. Worth 4.5 PDCs (SHRM) and 4.5 CEUs (HRCI Business Credit).
End User Security Awareness
$59
Video
End User Security Awareness
4.5 PDCs
4.5 CEUs
Add to Cart
This course provides a detailed overview of the key principles and requirements with respect to revenue recognition and leasing transactions. Both of these areas witnessed substantial changes made in years past by the FASB. This course takes a quick trip down memory lane to explore how both of these standards evolved, and then takes the user down a detailed path of understanding the key financial reporting requirements of each. Worth 7 Technical CPE Credits (CPA/NASBA).
Deep Dive into Revenue Recognition & Leasing (CPA)
$89
eBook
Deep Dive into Revenue Recognition & Leasing (CPA)
7 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 6 CPEs.