Debt is typically a critical component of the financial statements, impacting the economic decisions of financial statement users. This course will address common issues that may impact the proper presentation and disclosure of debt, including debt covenant compliance and other issues that impact classification of the liability between current vs. noncurrent.
Product Code
1000005111-141198
Credit Type
CPE: 2
CPE-AA: 2
CPE-Technical: 2
Intended Audience
CPAs and other financial professionals preparing the type of work described.
NASBA Field of Study
Auditing
Level of Difficulty
Intermediate
Prerequisites
none
Advance Preparation
None
Learning Objectives
Understand worker classification
Major Subjects
Classification of workers as employees or independent contractors