My knowledge on liabilities and pension was increased.... The class was fun and easy to understand
This in-depth course encompasses the theory and practical applications of accounting and reporting for non-current obligations, including bonds, loans, pension plans, and leases. You will learn to construct a debt amortization schedule, calculate interest rates, and analyze various solvency metrics.
Solvency ratios measure a firm’s ability to meet its liabilities in the long term. A company may be liquid and profitable in the short run, but unable to meet its non-current obligations; this puts its sustainability at risk. In this Advanced Financial Reporting – Long-Term Liabilities course, we teach you how to record and analyze non-current liabilities. We discuss in detail bonds, loans, leases, debt covenants, and pension plans. We will talk about the accounting treatment of non-current liabilities under various accounting standards, such as IFRS and GAAP, and how they impact the financial statements of a company. We will also examine disclosures required in the financial statements related to non-current liabilities and how to analyze various solvency ratios. You will learn the relevant debt terminology and see what a debt amortization schedule looks like. By the end of the course, you will be able to calculate a loan’s effective interest rate, coupon payments, and outstanding balances. Sign up now to master your financial reporting skills and take you finance career to the next level!
In this Advanced Financial Reporting – Long-Term Liabilities course, we cover:
In this section of the Advanced Financial Reporting – Long-Term Liabilities course, we go over the accounting entries that companies make when taking long-term loans. We demonstrate how bonds are initially recorded and subsequently measured through real-life cases. We also describe the role of debt covenants and examine various examples of positive and negative covenants.
In the final lessons of the Advanced Financial Reporting – Long-Term Liabilities course, we present lease accounting and recognition from the lessee's and the lessor’s perspectives. Lastly, you will learn the difference between a defined benefit and defined contribution plans and why companies choose one or the other.
“Solvency ratios are the most important indicators when it comes to evaluating a company’s sustainability.”
Chief Financial Officer at 365
Advanced Financial Reporting - Long-term Liabilities
with Antoniya Baltova