Wednesday, Nov 20, 2019
8:45am – 4:30pm
Keep your professional reputation stellar by making sure your financial statements are "up-to-speed." This course will: Explain and illustrate disclosure requirements Clear up misconceptions on practice problems Correct disclosure deficiencies most frequently cited by peer reviewers 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 non-public financial statements. This program is a must for those professionals who will undergo peer review.
Participants will be able to prepare disclosures necessary for both public and non-public entities.
MAJOR SUBJECTS Special emphasis is given to common disclosure deficiencies noted in practice Recent changes in revenue, leases, subsequent events, going concern, loss contingencies, financial instruments, and fair value 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 current accounting issues