Accounting for Bonds
An organization that sells bonds to investors must deal with a variety of transactions. In the Accounting for Bonds course, we cover the accounting for every possible event, including the initial bond issuance, interest payments, the amortization of discounts or premiums, and the eventual redemption of bonds. We also address several related topics, including the effective interest method, how to account for convertible bonds, and dealing with bonds issued between interest payment dates.
Format
PDF Course
Level
Overview
Duration
1 Hour
Course Information
Author: Steven Bragg
Course Number: AC1154
Learning Objectives
- Identify the contents of a bond certificate and bond agreement.
- Specify how bond accounts are classified in the issuer’s accounting records.
- Recall how a bond discount or premium is amortized.
- Specify how the effective interest method works.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Accounting
Prerequisites: None
Advance Preparation: None
Latest Review Date: August 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
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