Derivatives – Accounting Basics

Total CPE

Tuition
$125.00

Approximate Length
01:00:00

Course Number
23-WB-300

Total CPE

Tuition
$125.00

Approximate Length
01:00:00

Course Number
23-WB-300

Course Details

This course explores the identification of and accounting requirements for freestanding derivatives and the basic accounting requirements for embedded derivatives.

By the end of this course, participants should be able to:

identify characteristics of derivative instruments under ASC 815
recognize scope exceptions described under ASC 815
recall the principles of accounting for freestanding and embedded derivative instruments.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Derivatives, Derivative Instruments, Hedging, ASC 815, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is not mobile-compatible.

Pre-requisites: There are no pre-requisites for this course.

Level of Knowledge: Basic
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study