Full Disclosure in Financial Reporting

3 Credits: Accounting


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Full Disclosure in Financial Reporting

Course Level
CPE Credits

3 Credits: Accounting

Course Description

This detailed course is designed to navigate the complexities of the full disclosure principle in accounting, a key aspect for finance professionals committed to transparency and accuracy in financial reporting. Participants will gain an in-depth understanding of the full disclosure principle, learning to identify the types of information that should be disclosed under this principle, including significant accounting policies and their common disclosures such as revenue recognition and hedges. The course covers a wide range of disclosure requirements, from subsequent events and major business segments to related party transactions, risks and uncertainties, and interim financial reporting. Through real-world examples, participants will see these principles in action, enhancing their ability to apply them in their professional practice. This course equips participants with the knowledge and skills necessary to ensure that financial statements are complete and not misleading, thereby fostering trust and informed decision-making among users of financial reports.

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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
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Course Specifics

Course ID
Revision Date
April 15, 2024

There are no prerequisites.

Advanced Preparation


Number of Pages

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.