Do you prepare private company financial statement disclosures in accordance with generally accepted accounting principles (GAAP) issued by the Financial Accounting Standards Board (FASB)? If so, then this course is for you. This course addresses many common disclosures associated with the preparation of financial statements for private companies.
This course features a live instructor and has been specifically designed for the NJCPA.
DESIGNED FOR
Professionals who prepare, compile, review, or audit private company financial statements. This course is a great learning tool or refresher for financial statement preparers, CPAs in industry, those practicing in the area of public accounting, educators, and other interested professionals.
BENEFITS
- Identify the types of common disclosures found in the financial statements of private companies
- Recall the various ways to research private company disclosure requirements using the FASB Codification and other FREE tools
HIGHLIGHTS
- Learn to research disclosure requirements and examples using the FASB Codification and the SEC’s website
- Understand frequent disclosure requirements such as contingencies, risks and uncertainties; accounting policies; revenue recognition in accordance with FAS ASC 606; leases in accordance with FAS ASC 842
COURSE LEVEL
Update
PREREQUISITES
Previous experience in accounting
ADVANCE PREPARATION
None