Understanding Non-current Liabilities is a practical CPD course designed to strengthen finance professionals' understanding of accounting recognition and measurement principles that affect financial reporting and income statement presentation. The course examines how accounting transactions are recognized under accrual accounting principles and how those decisions influence reported financial performance.

Participants will review the treatment of accrued and prepaid income and expenses, revenue recognition approaches under IFRS and U.S. GAAP, and methods used to account for uncertain collections and specialized transaction structures. The course also explores expense recognition, including depreciation methodologies, as well as the reporting implications of changes in accounting estimates, policy changes, prior-period errors, and discontinued operations. Through practical examples and real-world reporting scenarios, learners develop a stronger understanding of how accounting judgments affect both financial statements and business performance reporting.

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Upon completion of this course, learners will be able to:

• Apply accrual accounting principles effectively.
• Distinguish between different revenue recognition approaches.
• Understand expense recognition and depreciation methods.
• Evaluate accounting estimates and policy changes.
• Identify the reporting treatment of prior-period errors and discontinued operations.