Program Description: The objective of the course is to enable participants to comprehend the accounting for investments in equity instruments under ASC 323, with a focus on the equity method of accounting. This program utilizes practical examples and case studies from different industries to demonstrate the application of the equity method for investments in common stock and other equity instruments. It addresses the latest updates, implementation challenges, and disclosure requirements, ensuring participants can confidently apply ASC 323 – Investments – Equity Method and Joint Ventures principles in their professional roles. The course also covers in-depth topics such as the recognition of an investor's share of investee earnings or losses, the treatment of basis differences, and the presentation of equity method investments in financial statements.

Course Coverage:

1.      Overview of ASC 323

2.      Determining significant influence and scope of the equity method

3.      Equity method — recognition, measurement and basis differences

4.      Impairment, discontinuation and disclosure requirements

Learning Objectives:

1.      Recognize the principles that govern the application of the equity method of accounting under ASC 323.

2.      Distinguish between Securities accounted for under the equity method and those accounted for under other methods, based on the level of influence.

3.      Apply the rules to account for an investor's share of investee income or loss, dividends received, and changes in investee equity.

4.      Understand how to account for equity method Securities on the financial statements, including the appropriate recognition, measurement, and impairment assessment.

5.      Comprehend the criteria used to determine if the equity method is appropriate, including the conditions under which the equity method must be discontinued or resumed.

Passing Score: 70%

Validity of the course: 1 year from date of enrolment

Available from: August 2025

Available Discount: Group discounts of 10% available for 5 or more participation

Last Updated: August 2025

Program Registration: To register for the program, please visit www.eyvirtualacademy.com and click on Add to Cart to register for the program.

Program Access: The participants will have access to the program for a period of 1 year starting from the date of enrolment.

Keywords: Equity Method, Significant Influence, Investee, Basis Differences, Equity Instruments, Investments in Common Stock, Impairment, Proportionate Share, Dividends, Intercompany Profits, Disclosure Requirements, Financial Statement Presentation, US GAAP, Accounting, Online Learning, CPA, CPE, Certification.

Special Notice:

•        Ernst & Young Associates LLP-India is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

•        CPE credits will be awarded upon successful completion of the content and passing the exam on securing 70% or above.

•        Each Participant has the flexibility to take unlimited attempts to clear the assessment.

•        Contact Ernst & Young Associates LLP-India (askeyexpert@in.ey.com) for assistance.

Complaint Policy: For any content related query, you may write to askeyexpert@in.ey.com. For any complaints you may connect with chandra.kargeti@in.ey.com. Escalation: neha.tuteja@in.ey.com

Refund Policy: We do not offer refunds once the participants have accessed any course materials. Course material includes videos, content, quizzes and assessments.