Financial Statements: Disclosures

Highlights

Significant Accounting Policies, Segment Reporting, Interim Financial Reporting, Related Party Disclosures, Commitments, Significant Risks and Uncertainties, Subsequent Events, Discontinued Operations, New Disclosure Requirements

Prerequisites

None

Objectives

After completing this course, you will be able to (1) answer questions about the disclosures for significant accounting policies, (2) determine segment disclosures, (3) apply interim reporting principles and identify interim disclosures, (4) determine related party disclosures, (5) answer questions about the disclosures for commitments, (6) answer questions about the disclosures for certain significant risks and uncertainties, (7) identify which subsequent events should be recognized and which subsequent events should be only disclosed, (8) recognize when disclosure of discontinued operations is required, and (9) interpret new disclosure requirements.