Aspen Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

Significant Accounting Policies (Tables)

9 Months Ended

Jan. 31, 2015

Significant Accounting Policies [Abstract]

For the three and the nine months ending January 31, 2014, the Company reclassified $55,314 and $168,155 respectively, from Cost of Revenues to General and Administrative, both within Operating Expenses, to conform to the current period presentation.

	For the 9 Months ended January 31, 2014
		Reclassifications

				Dues,			Internet
		As Previously		Fees, &			Related			Marketing		Library		As
		Reported		Licenses			Expense			Fees		Services		Reclassified

Operating Expenses:
Instructional		$	734,597		(55,127	)		(113,028	)	—		—		$	566,442
Marketing			824,002		—			—		—		—			824,002
Cost of Revenues		$	1,558,599		(55,127	)		(113,028	)		—		—	$	1,390,444
Receivable collateral valuation reserve			123,647		—			—			—		—		123,647
General and administrative			4,698,343		55,127			113,028			—		—		4,866,498
Depreciation and amortization			350,990		—			—			—		—		350,990
Total Operating Expenses		$	6,731,579		—			—			—		—	$	6,731,579

	For the 3 Months ended January 31, 2014
		Reclassifications

				Dues,			Internet
		As Previously		Fees, &			Related			Marketing		Library		As
		Reported		Licenses			Expense			Fees		Services		Reclassified

Operating Expenses:
Instructional		$	285,221		(14,878	)		(40,436	)	—		—		$	229,907
Marketing			270,404		—			—		—		—			270,404
Cost of Revenues		$	555,625		(14,878	)		(40,436	)		—		—	$	500,311
Receivable collateral valuation reserve			123,647		—			—			—		—		123,647
General and administrative			1,697,403		14,878			40,436			—		—		1,752,717
Depreciation and amortization			121,904		—			—			—		—		121,904
Total Operating Expenses		$	2,498,579		—			—			—		—	$	2,498,579