This course provides a clear and practical look at the accounting for imputed interest. It walks through when and why interest must be recognized even if it’s not stated in an agreement, how to determine a reasonable interest rate, and how to calculate and record the resulting interest over time. You’ll learn how to spot transactions that require interest imputation, apply the relevant rules to various types of arrangements, and reflect the impact in the financial statements.
Course Publication Date:
September 26, 2025
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$10.00!
| Author: | Kelen Camehl |
| Course No: | ACT-IMPUTED-29005 |
| Recommended CPE: | 1.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Accounting
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Learning Objectives
- Identify situations where imputed interest must be recognized under U.S. GAAP.
- Determine the appropriate interest rate to use when imputing interest.
- Recognize the financial statement impact of recording imputed interest.
- Distinguish between arrangements that require imputation and those that do not.