Mod 1 Non-Financial + Current Liabilities

Mod 1 Non-Financial + Current Liabilities - Blackboar d...

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8/27/13 Blackboard Learning System https://blackboard.tru.ca/webct/urw/lc5122001.tp0/cobaltMainFrame.dowebct 1/6 Print Save to File Printable View of: Module 1: Non-Financial and Current Liabilities File: Overview File: Topics File: Activities Module 1: Non-Financial and. .. Overview This first module covers the basic principles of the accounting, measurement, and reporting for current liabilities and non-financial liabilities. This module also explains approaches to the recognition of contingencies and uncertain commitments From financial reporting perspective, liabilities arise from present obligation, and result from past transactions or events that are future sacrifices of economic benefits. In a classified balance sheet, liabilities are categorized as either current liabilities or long-term liabilities. Current liabilities are obligations that are payable within one year or within the firm’s operating cycle, whichever is longer. Module 1: Non-Financial and. .. Topics There are three topics in this module: Topic 1: Financial Liabilities: Recognition and Measurement Topic 2: Non-Financial Liabilities: Recognition and Measurement Topic 3: IFRS and Private Enterprise GAAP Comparison Module 1: Non-Financial and. .. Activities This module should take you one week to complete. By the end of Week 1, you should have completed the following activities, including submitting Assignment 1 to your Open Learning Faculty Member. Complete and check off the following Module 1 components: Read Module 1: Overview, Activities, Outcomes Read Topic 1: Financial Liabilities: Recognition and Measurement Complete Activity 1-1: Background to Current Liabilities and Measurement Part A: Reading
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8/27/13 Blackboard Learning System https://blackboard.tru.ca/webct/urw/lc5122001.tp0/cobaltMainFrame.dowebct 2/6 File: Outcomes File: Topic 1: Financial Liabilities: Recognition and Measurement Part B: Recording Financial Liabilities Read Topic 2: Non-Financial Liabilities: Recognition and Measurement Complete Activity 1-2: Non-Financial Liabilities and Measurements, Recording, and Reporting Part A: Reading Part B: Accounting for Non-Financial Liabilities Part C: Accounting for Asset Retirement Obligations Read Topic 3: IFRS and Private Enterprise GAAP Comparison Complete Activity 1-3: IFRS and GAAP Comparison Part A: Differences between IFRS and ASPE Complete Assignment 1
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Mod 1 Non-Financial + Current Liabilities - Blackboar d...

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