Disclosure - The Key to Financial Statements

Thursday, June 6 8:45am - 4:30pm EDT

(Check-In 8:40am EST)

Virtual

8.00 Credits

Member Price $309.00

Non-Member Price $459.00

Overview

You could pay $0 for this course!
This course qualifies for reimbursement through the State Workforce Training Express Fund. Firms/companies with fewer than 100 staff will receive 100% of the cost of training reimbursed. You must register for this course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks before the start date of the course to be eligible. The course code for this program is C-3962. To learn more click here or contact Julia Ekelund at jekelund@mscpaonline.org.

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. Qualifies for the 24-hour Yellow Book requirement. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor's Yellow Book clients. Note that the determination of course qualification is a matter of an auditor's professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.

Prerequisites

Participants should be familiar with current accounting issues

Designed For

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.

Objectives

Participants will be able to: • Prepare disclosures necessary for both public and non-public entities

Overview

Prerequisites

Designed For

Objectives

Preparation