Program Description: The objective of the course is to enable participants to comprehend the accounting for equity Securities under ASC 321, with a focus on the classification and measurement of equity securities. This program utilizes practical examples and case studies from different industries to demonstrate the recognition and measurement of equity Securities. It addresses the latest updates, implementation challenges, and disclosure requirements, ensuring participants can confidently apply ASC 321 – Investment Classification principles in their professional roles. The course also covers in-depth topics such as the measurement of equity securities at fair value, recognition of unrealized gains and losses, and the presentation of these instruments in financial statements.

Course Coverage:

1.      Overview of ASC 321

2.      Scope and definition of equity securities

3.      Measurement at fair value and the practicability exception

4.      Recognition of gains and losses and disclosure requirements

Learning Objectives:

1.      Recognize the principles that govern the classification of equity Securities   under ASC 321.

2.      Distinguish between equity securities measured at fair value through net income and those subject to the practicability exception.

3.      Apply the rules to classify equity Securities, including those without readily determinable fair values.

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

5.      Comprehend the criteria used to determine if an equity Securities qualifies for the measurement alternative under ASC 321.

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: Security   Classification, Equity Securities, Fair Value, Practicability Exception, Unrealized Gains and Losses, Measurement Alternative, Readily Determinable Fair Value, Equity Securities, Financial Instruments, 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.