Financial statement disclosures are important to provide the information necessary for financial statement users to make economic decisions. Disclosures further explain and clarify information provided in the basic financial statements, but also provide critical information about subsequent events, litigation risk, and other concerns.
DESIGNED FOR
Accountants at all levels interested in remaining current with accounting and financial reporting requirements
BENEFITS
After attending this presentation you will be able to...
- Discuss common financial statement disclosures for small- and medium-sized nonpublic entities
- Describe critical information useful to financial statement readers for making economic decisions
- Explain results of operations through information that supplements the face financial statements
HIGHLIGHTS
The major topics covered in this class include:
- General disclosures about the entity and its environment
- Common critical information useful to financial statement readers for making economic decisions
- Explain results of operations through information that supplements the face financial statements
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None