This course discusses the background of ASC 321 and its basic requirements. You will learn about the classification and accounting of equity securities and how to report these securities in the financial statements and their footnotes. The course will also look at the impairment of investments. This intermediate-level course is most appropriate for the professional with detailed knowledge in accounting for investments in equity securities or the professional seeking to expand his or her knowledge base and who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both.