Contact Us : 800.874.5346        International: +1 352.375.0772
Contact Us : 800.874.5346        International: +1 352.375.0772

CE/CPE Course Information

Current Liabilities

CPE Credits: 4
Subject Area: Accounting and Auditing
Field of Study: Accounting
Program Level: Overview
Delivery Method: QAS Self-Study
Lesson Version: 20-1
Publication/Revision Date: March 29, 2024
Prerequisites/Advanced Preparation: None

Learning
Objectives
After completing this course, you will be able to
  • Apply the concepts underlying the accounting for current liabilities
  • Account for trade payables and notes payable
  • Determine when noncurrent debt has a current maturity
  • Account for advances and consideration payable to customers
  • Prepare entries for accruing expenses
  • Calculate certain taxes payable
  • Apply the criteria for accruing employees’ rights to certain benefits
  • Answer technical questions on gain and loss contingencies, including guarantees and warranties
Course Topics
  1. Concepts
  2. Trade Accounts Payable
  3. Notes Payable
  4. Current Maturities of Noncurrent Debt
  5. Advances and Consideration Payable to Customers
  6. Accrued Expenses
  7. Certain Taxes Payable
  8. Compensated Absences and Postemployment Benefits
  9. Contingencies
  10. Warranties

This QAS self-study course consists of an Audiovisual presentation, a Knowledge Transfer Outline with multiple-choice questions for study and review, and a Qualified Assessment of 20 questions.

This course is designed for your convenience. You may log out at any time during the course; your current position and all work will be saved. The next time you log in, you can resume right where you logged off.

State Board and other CPE agency registrations can be viewed on our sponsor approvals page.

For more information regarding administrative policies such as complaints and refunds, please contact our CPE Department at (800) 874-5346 ext. CPE (273).