Current Assets and Asset Valuation (CPA)
Estimated Time: 2.5 hours
$39.00 $49.00
Earn 3 Points for Completing
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
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:
UPDATED 2023: Leadership is far more complicated than telling people what to do and expecting it to get done, and this course explains why. Focusing on four dimensions of good leadership, you will begin to understand how to lead self, others, change and business. Since a better understanding of these areas can foster the ability to lead well, the principles can be applied in personal or professional situations to improve your overall leadership ability. Course Type: Business Simulation. Worth 2 PDCs (SHRM).
Leadership in Four Dimensions
$39.00 $49
Business Simulation
Leadership in Four Dimensions
2 PDCs
Add to Cart
UPDATED 2024: If you’ve ever considered investing abroad but don’t know where to begin, this is the course for you. Here, you will learn about the different forms of international management structure by factoring in the various department needs, also keeping an eye on global strategy and cultural differences. And as with any venture, foreign or domestic, you will come to understand the importance of sustainable business practices. Course Type: Business Simulation. Worth 3 PDCs (SHRM).
Direct Foreign Investment
$39.00 $49
Business Simulation
Direct Foreign Investment
3 PDCs
Add to Cart
UPDATED 2023: In many regards, the heart of leadership is tied to the hearts of individuals leaders themselves. Much like the physical organ, a leader’s heart can vary in its health. Passion, focused commitment and a sustained drive to deliver one’s best are just a few factors which help measure the state of the leader’s heart. And since the state of a leader’s heart is so important, this course teaches two primary skills: how to understand the heart of leadership and how to appropriately care for it. Course Type: Business Simulation. Worth 2 PDCs (SHRM).
Characteristics of Effective Leadership: Checking the Pulse
$39.00 $49
Business Simulation
Characteristics of Effective Leadership: Checking the Pulse
2 PDCs
Add to Cart
This ACI Learning course, based on the PMBOK Guide 7th edition, helps prepare learners for the CAPM Exam from the Project Management Institute. It includes detailed instruction on Agile methodology and business analysis, as well as a deep-dive into communication, planning, and other topics, to help convey the importance of project management literacy. Course Type: Video. Worth 19 PDCs (SHRM).
CAPM
$167.00 $209
CAPM
19 PDCs
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.