U.S. GAAP Disclosures for Non-Public Entities 2024

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

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.