Kentucky Society of Certified Public Accountants

Overview

This course provides an overview of the disclosure requirements regarding risks and uncertainties. The disclosure requirements related to risks and uncertainties are prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 275. For public business entities that file their annual and interim reports with the U.S. Securities & Exchange Commission (SEC), there are also additional disclosure requirements required by Regulation S-K. This course focuses on general disclosure requirements outlined in U.S. GAAP. This course also provides illustrative examples from both the GAAP implementation guidance as well as actual SEC filings from public business entities.

Prerequisites

None

Objectives

Identify the scope of transactions included within ASC Topic 275
Recognize when disclosure is required related to accounting estimates
Differentiate between concentration areas and whether or not disclosure is required

Highlights

Recall the general disclosure requirements relating to risks and uncertainties
Be aware of the additional disclosure requirements required by Regulation S-K for public business entities that file reports with the SEC

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

SUS0129

1 CPE Credits

Accounting: 1 Credits

Registration

Member Price:

$29

Non-member Price:

$49