|
One objective of financial reporting is to ensure that financial statement users have complete information to make reasonable financial decisions, including the likelihood and magnitude of future events and outcomes on the uncertainty of current financial picture. This course will focus on going concern issues relevant to compilations, reviews and audits.
|
|
8/5/2016
|
|
When:
|
Friday, August 5, 2016
8:00 AM - 10:00 AM
|
|
Where:
|
Webinar/Webcast
United States
|
|
Contact:
|
April Deneault
801-466-8022
|
Online registration is closed.
|
|
« Go to Upcoming Event List
|
|
| Acronym |
AAGC |
| CPE |
2 hours |
Category
|
Accounting (2)
|
| Level |
Basic
|
| Vendor |
Surgent |
| Who should attend |
Practicing CPAs and accounting professionals in business and industry that prepare, review or audit financial statements
|
Prerequisite
|
Basic understanding of U.S. generally accepted accounting principles
|
|
| Fees: |
Early Bird
|
Standard
|
| Member |
N/A
|
$89 |
| Non-Member: |
N/A
|
$109 |
|
The Member rate applies to UACPA members and reciprocal state society members. To register online, use the ‘Register’ button above. To register by phone, call the UACPA at 801.466.8022, Monday through Friday, 8am to 4pm.
|
Description
One objective of financial reporting is to ensure that financial statement users have complete information to make reasonable financial decisions, including the likelihood and magnitude of future events and outcomes on the uncertainty of current financial picture. This course will focus on going concern issues relevant to compilations, reviews and audits.
Major Topics
- Current FASB accounting standards related to going concern.
- Evaluating risk of material misstatement in financial reports related to improper presentation and disclosure of going concern uncertainty.
Objectives
- Discussing red flags indicating possible going concern uncertainty.
- Describe accountant's report options under compilations, reviews and audits when uncertainty associated with going concern exists.
- Differentiate between the external accountant's and management's responsibility related to identifying, evaluating, presenting and disclosing going concern uncertainty.
|
|
|
Print Page
