In this course, you'll explore the intricate world of liabilities, focusing on how they're recognized, measured, and disclosed in financial statements. Topics include current liabilities like accounts payable and accrued expenses, as well as long-term debt accounting, lease accounting, and pension obligations. You'll gain a solid understanding of the relevant accounting standards that impact how these items are reported, which is crucial for anyone looking to deepen their financial reporting expertise.
What you'll learn
understanding current liabilities and contingencies
accounting for long-term debt
lease accounting for lessees and lessors
pension accounting and benefit obligation calculations