Surgent's Disclosures of Risks and Uncertainties
Available Until
Self-study
1.00 Credits
Member Price $29.00
Non-Member Price $59.00
Overview
This course provides an overview of the disclosure requirements regarding risks and uncertainties. The disclosure requirements related to risks and uncertainties are prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 275. For public business entities that file their annual and interim reports with the U.S. Securities & Exchange Commission (SEC), there are also additional disclosure requirements required by Regulation S-K. This course focuses on general disclosure requirements outlined in U.S. GAAP. This course also provides illustrative examples from both the GAAP implementation guidance as well as actual SEC filings from public business entities.
Highlights
- Recall the general disclosure requirements relating to risks and uncertainties
- Be aware of the additional disclosure requirements required by Regulation S-K for public business entities that file reports with the SEC
Prerequisites
None
Designed For
CPAs in need of an overview of the disclosure requirements regarding risks and uncertainties.
Objectives
- Identify the scope of transactions included within ASC Topic 275
- Recognize when disclosure is required related to accounting estimates
- Differentiate between concentration areas and whether or not disclosure is required
Preparation
None
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by Surgent Professional Education. The course expires one year from the purchase date. Format = text only download.
Non-Member Price $59.00
Member Price $29.00