U.S. GAAP Disclosures for Non-Public Entities 2024
8.00 Credits
Member Price $299
Non-Member Price $399
Overview
Disclosure has never been more critical. This course covers the most commonly encountered U.S. GAAP disclosure requirements. The course is an overview of the structure of the FASB Accounting Standards Codification and its more significant disclosure requirements applicable to non-public entities. In addition to U.S. GAAP, the course includes discussion of disclosure requirements for financial statements prepared using a special purpose framework, e.g., tax basis.
Highlights
- FASB Accounting Standards Codification disclosure requirements
- An overview of the disclosure landscape
- How materiality enters into disclosure decisions
- Navigating the FASB Codification
Prerequisites
None
Designed For
CPAs, accountants, and other financial professionals looking to expand and update their understanding and knowledge.
Objectives
- Recognize FASB Accounting Standards Codification disclosure requirements applicable to financial statements purporting to be prepared in accordance with accounting principles generally accepted in the United States of America
- Recognize the disclosure requirements when financial statements are presented in accordance with a special purpose framework
Preparation
None
Leader(s):
Leader Bios
Howard Sibelman, CalCPA Education Foundation
Howard Sibelman has extensive accounting, auditing and consulting experience with middle-market companies, and he has served clients in the manufacturing, distribution, entertainment, hospitality, and real estate industries. An integral part of Howard’s professional background is his role as an educator. He was the director of continuing education for a national accounting firm, was an instructor at the University of Southern California, was on the faculty of two of the nation’s largest certified public accounting review courses, and has facilitated numerous firm and CPA Society education programs. Howard was previously a business assurance partner at Moss Adams LLP, the 11th-largest accounting and consulting firm in the US. He was a member of the firm’s international services group and the IFRS core training group, and served as the quality control coordinator for the firm’s Los Angeles office. He was recently selected by the California Society of CPAs to be the vice-chairman (chairman elect) of the state’s accounting principles and auditing standards committee. “
Non-Member Price $399
Member Price $299