2024 Financial Statement Presentation and Disclosure

Thursday, October 03, 2024
Webcast or Webinar, Online
12:00PM - 4:00 PM (opens at 11:30AM) EST
4Credits
Accounting and Auditing

Registration is Open

Members
$129.00 Regular Price
Non-Members
$159.00 Regular Price

CPE PowerPass Users

Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$80.00 Members / $112.00 Non-Members
Course Type: Webcast
Course Code: 24/AC079714
Level: Intermediate
Vendor: ACPEN
Field of Study: Accounting

Overview:

This comprehensive session is a must-attend event for any professional accountant who prepares financial statements for either a private enterprise or a firm client. We illustrate best practices for presentation and disclosure by revisiting fundamentals of financial reporting for various industries. This workshop explores best practices for United States GAAP in addition to considerations for special purpose frameworks. Experienced accountants will benefit from a refresher whereas other accountants will appreciate formative skill-building insights.

Objectives:

  • Utilize resources for financial statement preparation
  • Identify efficient methods for preparing financial statements
  • Appreciate the role of disclosures in financial reporting
  • Prepare financial statements and related disclosures

Major Topics:

  • U.S.  GAAP and Special purpose frameworks
  • Form and content of financial statements: Balance sheets
  • Income statements; Statements of cash flows
  • Retained earnings and/or owners’ equity statements
  • Comprehensive income
  • Supplementary information
  • Comparative vs. single-period financial statements
  • Sufficiency of disclosures
  • Illustrative disclosures frequently encountered in small-to-medium reporting entities
  • Industry-specific nuances

Major Topics:

  • U.S.  GAAP and Special purpose frameworks
  • Form and content of financial statements: Balance sheets
  • Income statements; Statements of cash flows
  • Retained earnings and/or owners’ equity statements
  • Comprehensive income
  • Supplementary information
  • Comparative vs. single-period financial statements
  • Sufficiency of disclosures
  • Illustrative disclosures frequently encountered in small-to-medium reporting entities
  • Industry-specific nuances

Designed For:

CPAs in public practice or members in industry

Prerequisites:

Basic working knowledge of financial statements