August 14, 2020


Live Webcast


NYSED 8

FAE's Financial Statement Disclosures for Small- to Medium-Sized Entities Update Webcast

August 14, 2020
Live Webcast
NYSED 8

FAE's Financial Statement Disclosures for Small- to Medium-Sized Entities Update Webcast

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    Instructor

    Renee
    Rampulla

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Learning Objectives

  • Upon completion of this course you will:
  • Identify the types of frequent disclosures found in the financial statements of non-public small to medium-sized businesses.
  • Recall the various ways to research disclosure requirements for non-public small to medium-sized businesses using the FASB Codification and other tools.
  • Recognize the additional disclosure requirements needed when preparing the financial statements of non-public small to medium-sized businesses using a SPF.

Major Topics

  • Researching techniques using the FASB Codification, the AICPA, and the SEC’s website.
  • Frequent disclosure requirements such as
  • Contingencies, risks, and uncertainties
  • Commitments
  • Related party transactions
  • Accounting policies
  • Subsequent events
  • Comprehensive income
  • Revenue recognition – (types of disclosure requirements under the NEW standard)
  • Leases (types of disclosure requirements under the NEW standard)
  • Frequent GAAP deficiencies found in the financial statements of non-public small to medium-sized businesses
  • And much more!

CPE Credits Available

NYSED 8
8
Accounting (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Update

Prerequisites

Licensed as a certified public accountant (CPA)

Advanced Preparation

Licensed as a certified public accountant (CPA)

Intended Audience

Professionals who prepare, compile, review, or audit private company financial statements. A great learning tool or refresher for financial statement preparers, CPAs in industry or those practicing in the area of public accounting

Provider

Foundation for Accounting Education

This event has ended.