Description
In this course on Long-term Liabilities, students will gain a comprehensive understanding of various aspects related to financial instruments and obligations. Beginning with an exploration of different types of bonds, the course delves into the intricacies of debt covenants, shedding light on the contractual agreements governing long-term debt. Participants will then learn the principles of accounting for bonds issued at par, unraveling the intricacies of financial reporting. The course further covers essential topics such as the amortization of bond discounts, techniques for amortizing bond premiums, and the application of accounting standards for convertible debt under both U.S. GAAP and IFRS. By the end of this course, students will possess a solid foundation in managing and accounting for long-term liabilities, equipping them with practical skills applicable in diverse financial scenarios.
