This course covers the accounting for restructuring costs, including workforce reductions and contract terminations, based on the guidance in ASC 420. We’ll focus on how to identify exit and disposal cost obligations and the timing and measurement of these liabilities. The course also reviews the related reporting and disclosure requirements under U.S. GAAP.
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-RESTR-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 types of restructuring costs within the scope of ASC 420.
- Recognize the criteria for determining when exit and disposal cost obligations should be recorded.
- Differentiate between the timing and measurement requirements for restructuring liabilities.
- Recognize reporting and disclosure requirements related to restructuring costs.