July 14, 2025


Webinar


2 CPE

Accounting and Reporting Long-Term Debt

July 14, 2025
Webinar
2 CPE

Accounting and Reporting Long-Term Debt

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    Instructor

    Jennifer
    Louis

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Learning Objectives

  • Describe the importance of proper debt classification and disclosure
  • Explain how various common debt terms impact the classification of debt
  • Apply illustrative examples to appropriate disclosure of debt terms and circumstances

Major Topics

  • Debt terms that impact classification of debt, such as due on demand and subjective acceleration clauses, and more!
  • Proper treatment of short-term obligations that are expected to refinance within the next 12 months
  • "Revolving" credit agreements, where short-term debt is automatically replaced with other short-term debt for a specified period of time
  • Differentiating between debt modifications and troubled debt restructuring
  • Debt covenant compliance special considerations, including the proper form of waiver of rights to call the debt for violation 

CPE Credits Available

2 CPE
2
Accounting

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting

Advanced Preparation

None

Intended Audience

Anyonne responsible for preparing or attesting upon financial statements

Provider

ACPEN

This event has ended.