Financial Statement Disclosures: Guide to Current Requirements [FSD4 Anc]

Sep 27, 2013
Time: 1-5

Subject:

Accounting

Credit Hours:

4.00

Price:

Member: $150.00
Non-member: $225.00

Print Page

Discussion Leader:

Jeffrey Lieman, CPA    more info

Lieman Associates LLC / Owings Mills, Maryland

Jeff Lieman currently heads his own consulting firm in Owings Mills, Maryland. He provides consulting services, contractual assistance services, and training to CPAs, their firms and their clients on matters related to US and international accounting principles, auditing standards, governmental auditing standards, and business planning services. Jeff’s previous experience included serving as the Chief Financial Examiner for the Maryland Insurance Administration and being a Director for Ellin & Tucker, Chartered. As the Chief Financial Examiner, Jeff was responsible for the solvency examination of the Maryland domestic insurance companies. While Jeff was a Director for Ellin & Tucker, Chartered, he developed two new niche areas for the firm and supervised numerous audit service engagements. Jeff trained staff in many areas of accounting, administration and consulting and provided training services on a national level to other organizations. He reviewed numerous accounting systems and assisted in the selection and implementation of automated systems, helped develop policies and procedures for technology usage, work paper development, administrative procedures and other office policies, and also provided Peer Review Services (SEC section). Jeff also served as a Senior Manager with KPMG/Baltimore. At KPMG he maintained client relations, marketed audit, tax and consulting services, and managed audit related services for publicly traded and privately held entities. His clients have included real estate ventures, printing and publishing companies, electronic manufacturers, wholesale distributors, retail stores, financial institutions, construction contractors, Governmental units, and various nonprofit organizations.

Mr. Lieman has been a national trainer for KPMG where he developed training materials for staff and instructors and is recognized nationally as a lecturer for various accounting, auditing and technology topics and has been quoted in various trade journals. He was elected Chairman of the Year by the Maryland Association of CPAs for chairmanship of the Computer Resources Committee.

close close

Website registration for this course closes on September 26, 2013. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

FINANCIAL STATEMENT DISCLOSURES: GUIDE TO CURRENT
REQUIREMENTS AND DEVELOPING ISSUES

Date: September 27, 2013 Afternoon Session

Facility: AKCPA Office
341 West Tudor Rd. #105
Anchorage, Alaska 99503

A clear and concise set of proper financial statement disclosures can make or break an entitys financial statements. Such disclosures are no longer simply additional information provided by a business; they can be complex in nature and difficult to both prepare and understand. Oftentimes, financial statement users will first turn to the notes in the financial statements in order to get a feel for where the business and its numbers might be heading. This course will focus on key balance
sheet and income statement disclosure requirements in accordance with U.S. GAAP as well as those relating to accounting policies, changes in accounting estimates and errors, subsequent events, and related party disclosures. The course will use illustrations and real-world examples from published financial statements to provide you with a hands-on feel for the disclosure requirements across a number of accounting standards.

Major Topics:
Financial statement disclosure requirements in accordance with U.S. GAAP
Balance sheet and income statement disclosure and presentation issues
Illustrations and real-world disclosure examples from published financial statements
Developing disclosure and presentation issues

Learning Objectives:
Understand and apply the professional requirements and guidance for preparing financial statement disclosures in accordance with U.S. GAAP
Identify balance sheet and income statement disclosure and presentation issues
Review illustrations and real-world disclosure examples from published financial statements
Be familiar with developing disclosure and presentation issues

Designed For: CPAs and other accounting professionals in public
practice and business and industry involved in preparing financial
statement disclosures

Level of Knowledge: Basic

CPE Credits: 4, Accounting

Prerequisite: None

Acronym: FSC4

Discussion Leader: Jeffrey Lieman