Business Accounting Accounting for Liabilities

123-CBT Computer Based Training
Business Accounting: Accounting for Liabilities offers the student an overview of the types of liabilities a company may accrue when conducting business activities, how to manage those liabilities, and how to calculate the time value of money. The program details types of current and long-term liabilities and how they are accounted for on financial statements, as well as how to calculate the present value, future value, interest rate, and maturity date on various types of cash flows.

Learn To

• Identify types of current liabilities.
• Recognize ways long-term liabilities are reported on financial statements.
• Identify the equation used to calculate the value of a cash flow that uses compound interest.
• Calculate the future value of a cash flow.
• Calculate the present value of an ordinary annuity.
• Calculate the future value of an annuity due.
• Calculate the interest rate given a cash flow equation.
• Calculate the maturity date given a cash flow equation.
• Calculate the value of a bond.

Audience

Managers or employees interested in learning the basics of accounting and accounting processes.

Deployment Options

e-Learning

Accreditation

NASBA credits: 3 CPE Credits

CEU credits: 0.30 CEUs

Language Options

US English

Total Learning Time

2 to 4 hours

Objectives

Unit 1: Current Liabilities (0.5 - 2 hours)
• Calculate a current ratio.
• Identify types of current liabilities.
• Identify types of accrued liabilities.
• Identify the process for accounting for current maturities of long-term debt.
• Identify two ways an organization can account for contingent liabilities.
• Simulation Overview:
• In this simulation, you will meet with Ronald Spear, a Senior Accounting Auditor in Icon's Financial Services Division. Ronald works with current liabilities on a daily basis and has a number of years of experience. He has prepared a series of exercises that will test your knowledge of this topic. Through your discussion with Ronald, you will increase your understanding of liability fundamentals, as well as the accounting process that should be used when calculating the obligations and debt of a business.

Unit 2: Long-term Liabilities (0.5 - 1 hour)
• Recognize ways long-term liabilities are reported on financial statements
• Differentiate between the two types of leases
• Differentiate between the two types of pension obligations
• Identify factors that affect a bond's price
• Differentiate between premium and discount bonds
• Simulation Overview:
• In this simulation, you will meet with Maggie Roberts, one of Icon's Corporate Controllers in the Financial Services Division. As a Corporate Controller, Maggie is familiar with long-term liabilities. Today, she is going to ask you a series of questions designed to test your knowledge o
This is primarily online training
on-line e-learning cbt (computer based)This is an online eLearning or CBT training program
cd romThis program may be available on CD
Training Presented in:English
Training Provided by 123-CBT Computer Based Training
Business Accounting Accounting for Liabilities
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About The Training Provider: 123-CBT Computer Based Training
123-CBT Computer Based Training - 123-CBT offers discount pricing on top quality eLearning programs from leading computer based training providers. Many of the training courses are available both online or on CD so that you can study at home at your own pace: E-Learning available for - ABAP 6. 10 - Access 2003 - Acrobat 6. 0 - ASP - ASP. NET - C - Captivate 1. 0 - Crystal Reports 8. 5 - Crystal Reports v10 -...
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