A company’s financial statements are far more than just financial data. This is where the
disclosures become key to explaining what the numbers may not be able to on their own.
Keep your professional reputation stellar by making sure your financial statements are
up-to-speed. This course will:
This course will explain and illustrate disclosure requirements, clear up misconceptions on
practice problems, correct disclosure deficiencies most frequently cited by peer reviewers,
and illustrate revenue and lease disclosures based on Topics 606 and 842.
CPAs, accountants, and financial professionals in industry and public practice who are
responsible for the preparation of financial statements. This program is also a must for
those professionals who will undergo peer review.
Prepare disclosures necessary for both public and non-public entities.
- Special emphasis is given to common disclosure deficiencies noted in practice
- Recent changes in accounting guidance that impacts disclosures
- 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 flow statements
Participants should be familiar with the accounting issues.