An entity must allocate the noncredit discount or premium resulting from the acquisition of a pool of PCD financial assets to each individual asset in the pool; When using a method to estimate the allowance for credit losses that discounts expected future cash flows, the discount rate used is the rate that equates the purchase price of the PCD asset with the present value of the estimated future cash flows at the acquisition date; and When using a method to estimate the allowance for credit losses other than one that discounts expected future cash flows, the allowance estimate is based on the unpaid principal balance face or par value of the PCD asset. Has the "collateral-dependent" definition changed in the new accounting standard?
Update and enhance your skills Accounting classes for professionals.
Courses Sharpen your skills with online accounting courses Accounting is a rewarding but challenging field that requires ongoing education in order to stay current and competitive.
We have courses covering important accounting topics for those looking to enhance their professional knowledge. We also have classes to help you prepare for the CPA exam by gaining a better understanding of the inherent legal, ethical and social values of the accounting profession.
You can gain a greater base of knowledge with our accounting classes, which are designed with the needs of working professionals in mind. Our innovative programs allow you to work toward the career you want in a way that fits into your life. Our flexible course schedule, frequent start dates and innovative online learning format makes it possible to continue your education as a working professional.
Accounting Courses Our accounting classes can help you better communicate, lead, strategize and think critically while using tools such as accounting and reporting software. Undergraduate and graduate courses cover topics such as auditing, taxation, financial accounting and reporting. These are a great options for those seeking college credits or for those looking to advance professionally and stay current in the field.
Our online accounting courses feature: Small class sizes for more personal attention and guidance Faculty members with real world industry experience Convenient and flexible online courses A range of helpful student resources We also offer a Graduate Accounting Certificate program.
To learn more about our certificate programs speak to a representative. As a student you will have access to a network of support and online tools to help you succeed, including our Center for Mathematics Excellence.
Take an individual accounting class for personal growth or professional development, or work toward a degree. Please note, if you plan on transferring to an outside educational institution, it is important that you check with them first to determine if credits are transferrable.
Our programs make continuing education more readily available for the adult learner.
You can take online accounting classes from anywhere, completing course work when it is convenient for you. Get started today by calling By Timothy T. Wilson & Michael J. Sobolewski The model for revenue recognition in construction is changing with the Financial Accounting Standards Board’s (FASB) May 28, , release of Accounting Standards Update (ASU) , Revenue from Contracts with Customers (Topic ).
Since , FASB and the International Accounting Standards Board (IASB) have been working . The intent of the Accounting and Reporting Directives and Procedures is to provide fiscal managers and other users with a basic understanding of the University’s accounting system and its reporting capabilities.
and if it does, additional criteria will need to be added to narrow the search to yield appropriate results Requests for. Summaries / Status Summary of Statement No. 33 Accounting and Financial Reporting for Nonexchange Transactions (Issued 12/98) This Statement establishes accounting and financial reporting standards for nonexchange transactions involving financial or capital resources (for example, most taxes, grants, and private donations).
While many colleges offer Forensic Accounting degree programs at the graduate level, Franklin University is one of the few schools offering an accredited online Forensic Accounting bachelor's degree in this high-demand field.
Gain a solid foundation in accounting. Accounting Reporting Criteria The world of accounting can look quite universal to any outsider.
Most people assume that when you are dealing with money and business that everyone follows the same standards regardless of where the company is located. This is not the case when dealing with companies. 5 on general criteria. Finally, the board recently initiated a project to articulate a formal conceptual framework on government financial reporting.