Financial Statement Disclosure - Common Issues  

Some disclosures may be efficiently provided on the face of the financial statements, for example, the allowance for uncollectible receivables. Other disclosures may be provided either on the face of the financial statements or in notes depending on considerations such as space limitations. This interactive self-study course explains various disclosures for nonpublic companies commonly made in the notes, but does not attempt to describe all possible disclosures. The course covers form and style considerations, determining necessary disclosures, a summary of significant accounting policies, common problems in preparing various disclosures, disclosure of information about financial instruments, and risks and uncertainties.

This basic level course is most beneficial to professionals new to nonpublic company financial statements who may be at the staff or entry level in an organization but also for a seasoned professional with limited exposure to this topic.