Accounting for R&D – A Quick Guide to ASC 730

Course Overview:

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.   



Learning Objectives:

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

• 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