Miscellaneous

Debt and Equity Investments v2.0

This course provides an overview of debt and equity investments – Topics 320 and 321, with emphasis on the classification for accounting purposes. This course also addresses the initial and subsequent measurement requirements for these investments as well as considerations related to fair value. This course also provides information relating to required disclosures for these types of investments.

Learning Objectives:

After completing this course, participants will be able to:

  • Specify the classification of debt and equity investments for accounting purposes
  • Identify the accounting required for initially measuring and subsequently measuring investments in debt and equity securities based on Topic 320 and Topic 321
  • Recognize Topic 820, Fair Value Measurement’s application to investments in debt and equity securities
  • Identify impairment issues and their impact on the valuation of investments in debt and equity securities
  • Identify the required disclosures found in topics 320 and 321


Prerequisites/Advanced Preparation:

None


Speakers / Authors:

John M. Fleming, licensed as a CPA in Pennsylvania, has served as the President and Director of Accounting and Auditing for Kaplan Financial Education, powered by Loscalzo Institute and also as the Director of Content Development for Kaplan Financial Education, powered by SmartPros. John retired from Kaplan in October of 2017. In retirement, John continues to provide seminars as a discussion leader for Kaplan Financial Education on a part-time basis.

John's prior practice experience includes audit, tax, consulting, office management, and human resource responsibilities with Deloitte LLP, Richard Eisner & Company LLP, and Ernst & Young LLP. John is a graduate of LaSalle and Drexel Universities with degrees in accounting and finance.

John, a Pennsylvania CPA, served as the 1999/2000 President of the 8,300 member Greater Philadelphia Chapter of the Pennsylvania Institute of Certified Public Accountants (PICPA). In 2006, the PICPA recognized John as a Joseph E. Sterrett Fellow for his contributions to the accounting profession and in 2007, the Philadelphia Chapter recognized John with their Champion Award for his contributions to the PICPA, Chapter, profession and community. John has also served as the 2002/2003 President of the American Accounting Association's Mid-Atlantic Region.

 

Dan Johnson

Kaplan

Details

Course Code : 99JOH01A

Release Date : 09/26/2023
Expire Date : 05/31/2025
Credits :
CPE 1.00
QAS 1.00

Length : 50min
Course Level : Basic
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

Theme : Miscellaneous

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