Surgent's Financial Statement Disclosures: A Guide for Small and Medium-Sized Businesses (Self-Study)

Code: JSDLGSM4

Date Valid for one year from purchase date
Format Self-Study (Downloadable PDF)
CPE credits CPE 4.0
Field(s)
of study
Accounting - Technical (4.0)
Fees
Standard member fee $65.00
checkmarkStandard nonmember fee $65.00

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Description

A clear and concise set of proper financial statement disclosures can make or break an entity's financial statements. Such disclosures are no longer simply additional information provided by a business; they can be complex in nature and difficult to both prepare and understand, even for small and medium-sized businesses. Oftentimes, financial statement users will first turn to the notes in the financial statements in order to get a feel for where the business and its numbers might be heading. This course will focus on key balance sheet and income statement disclosure as well as those relating to adoption of new accounting standards such as Topic 606, accounting policies, changes in accounting estimates and errors, subsequent events, going concern, and related party disclosures. The course will use illustrations, examples based on private company financial statements disclosures, and real-world excerpts from financial statements to provide you with a hands-on feel for the disclosure requirements across a number of accounting standards.

Who should take this program?

CPAs and other accounting professionals in public practice and business and industry involved in preparing financial statement disclosures for small and medium-sized businesses

Major subjects

  • Financial statement disclosures for small and medium-sized businesses
  • Balance sheet, income statement, and statement of cash flows presentation and disclosure issues
  • Disclosure examples from all sized entities which you can use to base your disclosures on
  • Developing disclosure issues, including disclosures related to the adoption of Topic 606

Learning objective(s)

  • Understand and apply the professional requirements and guidance for preparing financial statement disclosures for all entities, including small and medium-sized businesses
  • Identify balance sheet, income statement, and statement of cash flows presentation issues
  • Review disclosure examples from all sized entities, including small and medium-sized businesses
  • Be familiar with developing disclosure issues, such as those related to the adoption of new accounting pronouncements
  • Utilize hands-on examples and illustrations to increase your overall understanding and application of the material

Notes:

Course code Code JSDLGSM4
Sponsor Surgent
NASBA ID#: 103212
Level Basic
Format Self-Study (Downloadable PDF)
Prerequisites Prereq. None
Advance
prep
None