Financial Stmt. Disclosures: Guide for Small & Med. Bus. Webcast [GSM4]

Jul 29, 2020
Time: 12:30pm - 4:00pm

Subject:

Accounting & Auditing

Credit Hours:

4.00

Price:

Member: $150.00
Non-member: $225.00

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Discussion Leader:

Gregory M. Clark, CPA    more info

Gregory M. Clark CPA is an author and discussion leader for LOSCALZO ASSOCIATES, P.A. and a Principal with the Business Compliance & Controls Group (BCCG) an accounting consulting firm specializing in employee benefit plan audits and compliance, internal controls auditing, consulting and assessments, and technical accounting training and consulting.

With extensive experience in the audit and business compliance field, Greg has participated in all aspects of employee benefit plan engagements; including plan audit and business risk assessments, plan internal control assessment and design, plan regulatory compliance, data retention management, and administrative contract compliance. BCCG provides technical accounting and auditing consulting services, quality control and effectiveness reviews and compliance assistance to CPA firms performing employee benefit plan engagements.

Greg is an internationally known speaker on the topics of employee benefit plans, technical accounting and auditing, operational auditing and internal controls evaluations, data retention management, organizational risk assessments and various other topics. Greg has worked with accountants and auditors from international companies throughout the world, many Fortune 500 companies, numerous local, regional, and national CPA firms, and for more than 40 State CPA societies.

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Website registration for this course closes on July 28, 2020. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

Financial Statement Disclosures: A Guide For Small & Medium-Sized Businesses Webcast (GSM4)

July 29th, 2020

LATE REGISTRATION POLICY
For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course and $12.50 for each 2 hour course.

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, even for small and medium-sized businesses. 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 as well as those relating to adoption of new accounting standards such as Topic 606, accounting policies, changes in accounting estimates and errors, subsequent events, going concern, and related party disclosures. The course will use illustrations, examples based on private company financial statements disclosures, and real-world excerpts from financial statements to provide you with a hands-on feel for the disclosure requirements across a number of accounting standards.

Major Topics Covered:
- Financial statement disclosures for small and medium-sized businesses
- Balance sheet, income statement, and statement of cash flows presentation and disclosure issues
- Disclosure examples from all sized entities which you can use to base your disclosures on
- Developing disclosure issues, including disclosures related to the adoption of Topic 606

Learning Objectives:
When you complete this course you will be able to:
- Understand and apply the professional requirements and guidance for preparing financial statement disclosures for all entities, including small and medium-sized businesses
- Identify balance sheet, income statement, and statement of cash flows presentation issues
- Review disclosure examples from all sized entities, including small and medium-sized businesses
- Be familiar with developing disclosure issues, such as those related to the adoption of new accounting pronouncements
- Utilize hands-on examples and illustrations to increase your overall understanding and application of the material

Designed For: CPAs and other accounting professionals in public practice and business and industry involved in preparing financial statement disclosures for small and medium-sized businesses

CPE Credits: 4, Accounting & Auditing

Level of Knowledge: Basic

Prerequisite: None

Acronym: GSM4

Discussion Leader: Gregory M. Clark, CPA