Financial statement disclosures are important to provide the information necessary for financial statement users to make economic decisions. Disclosures further explain and clarify information provided in the basic financial statements, but also provide critical information about subsequent events, litigation risk, and other concerns. This course focuses on the most common financial statement disclosures for small- or medium-sized nonpublic entities. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Recognize how to manage risk associated with audit and non-audit services and changing professional, technical, regulatory, or ethical requirements
Major Topics
The major topics that will be covered in this course include:
- Current and noncurrent asset impairment.
- Insurance claims and related recoveries.
- Debt and liquidity issues.
- Government assistance and relief.
- Subsequent Events.
- Lease modifcations.
- Other matters.