Financial Stmt Disclosures A Guide for Sm. & Med. Businesses [GSM4]
Time: 12:30pm-4:00pm
Subject:
AccountingqCredit Hours:
4.00Price:
Member: $160.00
Non-member: $230.00
Discussion Leader:
Kerry Roberts, CPA
more info
Kerry E. Roberts, CPA, is a frequent public speaker and presenter. In addition to presenting for Surgent, Kerry is a member of the Tennessee General Assembly. Prior to working with the Tennessee General Assembly, Kerry was a business owner and CEO for 25 years. His background includes being president and chairman of a national business association, partner in a CPA firm, audit staff for a “Big 8” accounting firm, and adjunct accounting faculty for Lipscomb University. Kerry is a 1983 graduate of Lipscomb University (accounting major). Married since 1987, Kerry and his wife are the parents of three kids and live in Springfield, Tennessee. His hobbies include cycling, two antique Triumph convertibles, and tending to a 160-year-old home.
closeWebsite registration for this course closes on August 25, 2026. 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 (GSM4)August 26th, 2026 / 12:30 pm 4:00 pm
The Megan Room
6591 A Street
Anchorage, AK 99518
A clear and concise set of proper financial statement disclosures can make or break an entity's 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, especially for small and medium-sized businesses. Often, 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, so these disclosures need to be well-written and follow applicable standards.
This course will focus on key balance sheet and income statement disclosures, recently issued FASB Accounting Standards Updates (ASUs) affecting financial statement disclosure (including income taxes, segment, expense disaggregation, and interim reporting), accounting policies, changes in accounting estimates and errors, subsequent events, going concern, and related party disclosures. The course addresses ongoing disclosure considerations under ASC 606 (revenue) and ASC 740 (income taxes).
The course will use illustrations, examples based on private company financial statement disclosures, and real-world excerpts from public company financial statements to provide you with a hands-on feel for the disclosure requirements across a number of accounting standards for private and public business entities.
Major Topics:
-Financial statement disclosures for private and public small and medium-sized businesses
-Balance sheet, income statement, and statement of cash flows presentation and disclosure issues
-Disclosure examples from all-sized entities that you can use to base your disclosures on
-Recently issued FASB Accounting Standards Updates affecting disclosures, including ASU 2023-09 (income taxes), ASU 2024-03 (expense disaggregation), and ASU 2025-11 (interim reporting)
Learning Objectives:
-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
Level of Knowledge: Basic
Prerequisite: None
Acronym: GSM4
Discussion Leader: Kerry Roberts, CPA
