This CPE-eligible, eLearning course (1.0 CPE) provides an in-depth understanding of the accounting for embedded derivatives in accordance with U.S. GAAP. After defining embedded derivatives, and the concepts of host and hybrid instruments, this online course introduces the learner with 3 considerations set out in ASC 815 that are used to determine whether an embedded derivative needs to be separated (i.e., bifurcated) from the host contract. Learners get to apply their knowledge to various examples and case studies.