Updated for the 2016 CMA Exam, this new video lecture from Wiley CMAexcel features instructor Dallon Christensen, CMA, CPA/CIPTA, discussing impairment of assets and other liabilities.
This lecture will help you to learn to identify the classification issues of short-term debt, understand the effect on financial statements when using the expense warranty approach or the sales warranty approach for accounting for warranties, and define different forms of off-balance sheet financing.
These are must-know concepts if you’re taking Part 1 of the CMA Exam.
Make the most of our free 14-day trial this June. Sign up here.