Self-Study
Basic
CPE Credits
2 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. 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.
Learning Objectives
Upon successful completion of this course, participants will 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.
Course Specifics
|
Course ID 1183312 |
Revision Date March 24, 2020 |
Prerequisites There are no prerequisites |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Course Instructor
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.
Full Disclosures in Financial Reporting
$58.00 – $78.00
Self-Study
Basic
CPE Credits
2 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. 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.
Learning Objectives
Upon successful completion of this course, participants will 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.
Course Specifics
|
Course ID 1183312 |
Revision Date March 24, 2020 |
Prerequisites There are no prerequisites |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Course Instructor
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.
Full Disclosures in Financial Reporting
$58.00 – $78.00