This course covers the foundational elements of accounting for research and development activities under ASC 730. It explains how to identify qualifying R&D efforts, the proper treatment of associated costs, and the related disclosure requirements. You’ll also get a high-level overview of how to account for R&D funded by third parties, including key considerations for evaluating the nature of the arrangement and determining whether costs should be capitalized or expensed.
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
$10.00!
| Author: | Kelen Camehl |
| Course No: | ACT-QUICKRD-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 activities that qualify as R&D under ASC 730 and understand key scope exceptions.
- Identify recognition and disclosure requirements for R&D costs in financial statements.
- Recognize accounting considerations for R&D arrangements funded by outside parties.
- Distinguish between different types of obligations in funded R&D agreements and how they affect accounting treatment.