Accounting for Guarantees#369124

Course Description

Course publication/revision date: This course was updated on 2/13/2024.

There are specific requirements for how a guarantee is to be accounted for and disclosed. In the Accounting for Guarantees course, we discuss the various types of guarantees and whether they fall within the scope of this GAAP topic. The course also addresses the accounting for all qualifying guarantees, and how related information is to be disclosed in the financial statements of the reporting entity.