Accounting for Financial Statement Uncertainty: Estimates, Contingencies, and Going Concern

Oct 7
8:00 - 11:30 a.m.

Pennsylvania Institute of CPAs
Philadelphia - Map

4-A&A
CPE Credits

Be able to identify areas of the financial statements that contain accounting or reporting uncertainty. Understand the proper accounting treatment of loss contingencies under U.S. GAAP. Discuss how to evaluate the sufficiency of accounting for areas of estimation, such as common allowances and accruals. Learn about important considerations when determining the proper disclosure of going concern and other areas of uncertainty.
Highlights
  • How to identify financial statement areas containing recognition, measurement, presentation, or disclosure uncertainty
  • Common techniques for evaluating the proper accounting treatment of loss contingencies, allowances, accruals, and other areas with recognition and measurement uncertainty
  • Important presentation and disclosure considerations when highlighting uncertainty to financial statement users making economic decisions
  • What is adequate disclosure of going concern uncertainty under U.S. GAAP?

Registration

PICPA Member: $139
Nonmember: $189

More Information

Course No. 764100

Level: Basic

Prerequisites: None

Speaker(s)

Richard Daisley

Surgent McCoy CPE LLC