Keep your professional reputation stellar by making sure your financial statements are up-to-speed. This course will explain and illustrate disclosure requirements; clear up misconceptions on practice problems; correct disclosure deficiencies most frequently cited by peer reviewers.
Practitioners in public practice and CPAs in industry who prepare nonpublic financial statements. This program is a must for those practitioners who will undergo peer review.
Participants will be able to prepare disclosures necessary for both public and non-public
- Common disclosure deficiencies noted in practice
- Recent changes in revenue, leases, subsequent events, going concern, loss contingencies, financial instruments, and fair value
- Risks and uncertainties and accounting policies
- Liabilities – how debt violations impact classification
- Uncertain tax positions
- Accounting changes, error corrections and other categories in the income statement
- Cash flows statement
Participants should be familiar with the accounting issues.
- This program does not discuss SEC requirements.
- Qualifies for Yellow Book.
Course materials are distributed electronically. To access the materials visit My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.