Full Disclosures in Financial Reporting

Price: $19.99

CPE Credits: 2.0

Category:

Course Number: AAFDISDP

financial reporting cpe

Description:
The full disclosure principle, one of major accounting principles, requires that information provided in financial statements be sufficiently complete to avoid misleading users of the reports by omitting significant facts of information. The full disclosure principle also refers to revealing information that would be useful in the decision-making processes of informed users. Full disclosure is required for the fair presentation of financial statements. This course discusses the disclosures required of companies, including those related to accounting policies, segmental information, related parties, contingencies, long-term purchase contract obligations, inflation, and derivatives. Sample annual reports addressing this requirement are illustrated. Table of Contents


Delivery Method: Online QAS Self Study.

Level: Basic to Intermediate.

Prerequisites:Basic Accounting

Advanced Preparation: None

Author: DeltaCPE LLC

Publication: March 2016
UpdatedJanuary 2018

Format: PDF
Pages: 106

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Recognize the full disclosure principle and its implementation.
  • Identify the types of major accounting disclosures.
  • Recognize the disclosure requirements for major business segments and related party transactions.
  • Recognize disclosure requirements for derivatives, subsequent and interim financial reports.

Overall Course Rating: 5/5 . “Case examples contributed significantly to understanding difficult material. The text was impeccably written. ” Caroline W. 12/17

5 Star CPE Rating

Description:
The full disclosure principle, one of major accounting principles, requires that information provided in financial statements be sufficiently complete to avoid misleading users of the reports by omitting significant facts of information. The full disclosure principle also refers to revealing information that would be useful in the decision-making processes of informed users. Full disclosure is required for the fair presentation of financial statements. This course discusses the disclosures required of companies, including those related to accounting policies, segmental information, related parties, contingencies, long-term purchase contract obligations, inflation, and derivatives. Sample annual reports addressing this requirement are illustrated. Table of Contents


Delivery Method: Online QAS Self Study.

Level: Basic to Intermediate.

Prerequisites:Basic Accounting

Advanced Preparation: None

Author: DeltaCPE LLC

Publication: March 2016
UpdatedJanuary 2018

Format: PDF
Pages: 106

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Recognize the full disclosure principle and its implementation.
  • Identify the types of major accounting disclosures.
  • Recognize the disclosure requirements for major business segments and related party transactions.
  • Recognize disclosure requirements for derivatives, subsequent and interim financial reports.

Overall Course Rating: 5/5 . “Case examples contributed significantly to understanding difficult material. The text was impeccably written. ” Caroline W. 12/17

5 Star CPE Rating

  • “Thank you for a high quality CPE resource. As a CPA in a small nonprofit, I find your library quite helpful to meet my needs. I appreciate the service.”- 

    - Cheryl

  • “The author did a good job of setting forth the ethical standards contained in the California State Board of Public Accountancy Rules and the AICPA Code of Conduct.”

    - California Ethics Course

  • “It is rare that i can actually say that I enjoyed a CPE course but I found this one informative and very interesting, relying more on the author’s examples and not just quoting tax code!  [Healthcare Reform: The affordable Care Act Tax Provisions]

    - Thomas