CPA, US GAAP ASC 820, Accounting Fair Value Measurement

🎓 US GAAP ASC 820: A Guide to Accounting for Fair Value Measurement (FVM)

🚀 Course Overview
Welcome to our online course designed to demystify the complex world of Fair Value Measurement (FVM) under US GAAP ASC 820. This program is tailored for accounting and finance professionals aiming to enhance their understanding and application of FVM in financial reporting. Whether you're a seasoned CPA or an aspiring accounting enthusiast, this course will equip you with the knowledge and skills necessary to comply with the latest standards and elevate your expertise.

📚 What You’ll Learn

• 📈 Introduction to Fair Value Measurement under ASC 820, including its definitions and significance in financial reporting.
• 🔍 Different valuation techniques such as market, income, and cost approaches, and how they are applied in practice.
• ⚖️ How to measure liabilities at fair value, understanding the nuances that differentiate asset versus liability measurement.
• ✅ The intricacies of the Fair Value Option and its implications for asset and liability valuation and reporting.
• 💸 Understanding credit losses for financial instruments measured at amortized cost, ensuring you're prepared to handle these complex calculations.

🎉 Explore Related Topics
Dive into the core areas of:

• 📊 Accounting principles and practices
• 📈 Financial Reporting under US GAAP
• 💰 Finance insights and strategies
• valuation fundamentals and techniques

🎥 Course Content Overview
Our interactive course content is structured into informative videos that will guide you through each aspect of FVM:

1. US GAAP ASC 820 Overview
   Kick off your learning journey with an overview of ASC 820, understanding its foundational concepts and the fair value measurement of assets and liabilities.

2. Definitions
   Gain clarity on critical terms like Fair Value, Market Participants, and Transaction Costs, and how they are applied within the context of financial reporting.

3. Valuation Techniques
   Explore the three primary approaches to valuation—Market, Income, and Cost—and the influence of inputs and the fair value hierarchy on these methods.

4. Fair Value Measurement of Liability
   Examine the specific considerations for measuring liabilities at fair value and the unique challenges this entails.

5. Fair Value Option
   Investigate the Fair Value Option, its effects on financial statement items, and the disclosures required when electing this option.

6. Credit Loss for Financial Instruments Measured at Amortized Cost
   Learn the process of estimating credit losses on loans and other financial instruments, including the accounting treatments and impact on financial statements.

By the end of this course, you'll have a comprehensive understanding of FVM under US GAAP ASC 820, enabling you to make informed decisions, enhance your reporting accuracy, and stay ahead in the ever-evolving world of finance. 🚀

Join us on this journey to master Fair Value Measurement under US GAAP ASC 820 and add a powerful skill set to your professional repertoire. Let's embark on this learning adventure together! 🌟