Surgent's Accounting for and Auditing Complex Investments

Available Anytime

Location: Online

2Credits

Accounting and Auditing

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~~$89.00 Regular Price~~

Nonmembers

$119.00 Regular Price

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Product Code: SU24-A3S8-SSWC

Level: Intermediate

Vendor: Surgent

Field of Study: Auditing

Overview:

As companies look for greater investment returns in the current low interest rate environment, they are often investing in more risky types of investments, such as cryptocurrency. Further, as they look to hedge business risks, companies are frequently entering into derivative transactions, which both can contain unexpected risk and accounting complexity. As you advance in your audit careers, you will be faced with both understanding the accounting for and auditing these complex financial statement areas. In this course, we'll review the accounting models of several types of complex investments and review common audit procedures in these areas. (Please Note: This module is part of Surgent's Audit Skills Training: Level 3.)

Objectives:

Recall fair value accounting guidance under ASC 820
Recall the accounting guidance related to hedging transactions and other complex investments
Identify common audit procedures related to complex investments

Major Topics:

The fair value measurement process
Derivative and hedge accounting under ASC 815
Accounting and auditing considerations related to the use of the equity method of accounting under ASC 323
Accounting and auditing considerations related to investments in cryptocurrency and digital assets

Designed For:

Accountants who account for or audit more complex financial instruments

Prerequisite:

Experience on audit engagements

Additional Info:

You will receive an email from info@surgent.com with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email info@surgent.com. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.