Understanding Financial Statement Disclosures (FFSD)

Pre-requistes:

None

Knowledge Level:

Basic

Major Topics:

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

Learning Objectives:

• Review disclosure examples from all sized entities, including small and medium-sized businesses
• Utilize hands-on examples and illustrations to increase your overall understanding and application of the material
• Be familiar with developing disclosure issues, such as those related to the adoption of new accounting pronouncements
• 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

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