This course provides a clear overview of accounting for research and development activities under ASC 730. It starts by covering the fundamental concepts of R&D, including what costs qualify, recognition rules, and disclosure requirements, while addressing the uncertainties that come with R&D. The course then moves into arrangements where outside parties fund R&D, explaining how to identify obligations, measure costs, and report these transactions. Throughout, you’ll gain practical insight into the complexities of accounting for R&D and related funding arrangements.
Course Publication Date:
September 27, 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
$20.00!
| Author: | Kelen Camehl |
| Course No: | ACT-RDACC-29005 |
| Recommended CPE: | 2.00 |
| 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 the key components that define research and development activities.
- Distinguish between research and development as separate concepts.
- Recognize the scope and scope exceptions applicable to R&D under ASC 730-10.
- Determine the recognition requirements for R&D costs.
- Recall the disclosure requirements related to R&D in financial statements.
- Identify the scope of ASC 730-20 for R&D arrangements.
- Differentiate between obligations to repay funds and obligations to perform contractual services under R&D arrangements.
- Recognize how subsequent measurement of R&D arrangements is handled.
- Determine required disclosures related to research and development arrangements.
- Select key factors affecting accounting treatment in R&D funding arrangements.