CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Self-Study

Full Disclosure in Financial Reporting

3 Credits: Accounting

$87.00$107.00

Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)

 Secure Transaction

Full Disclosure in Financial Reporting

Format
Self-Study
Course Level
Basic
CPE Credits

3 Credits: Accounting

Course Description

The full disclosure principle, one of the 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. This course discusses the disclosures required of companies, including those related to accounting policies, long-term purchase contract obligations, segmental information, related parties, risks and uncertainties, and interim financial reporting. This course also provides real-world examples to illustrate the application.

Show More
Show Less

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Recognize the full disclosure principle and its implementation
  • Identify information disclosed in the summary of significant accounting policies
  • Recognize common disclosures relating to accounting policies (e.g., revenue recognition, hedges)
  • Identify disclosure requirements for subsequent event, major business segments, related party transactions, risks and uncertainties, and interim financial reporting
Show More
Show Less

Course Specifics

Course ID
1223589
Revision Date
April 5, 2022
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Number of Pages
77

Compliance Information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.