Principles of Financial Statement Presentation (CPA)

Estimated Time: 4 hours

$59.00

Earn 4 Points for Completing

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Essentially, this course comprises an overview of key presentation requirements for financial statements, including a focus on key principles of balance sheets, income statements, and other important documents. It further addresses considerations around changes in accounting principles, sourced from the FASB’s Accounting Standards Codification. Course Type: eBook. Worth 4 Technical CPE Credits (CPA/NASBA).

Credits

4 CPE Credits
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Learning Objectives

  • Recognize overall financial statement presentation requirements
  • Identify requirements for discontinued operations and liquidation basis of accounting reporting
  • Determine when certain balance sheet accounts can be offset
  • Identify presentation requirements for the income statement and comprehensive income
  • List the different methods used for statement of cash flow presentation
  • Differentiate between operating, financing, and investing activities in the statement of cash flows
  • Identify disclosure requirements with respect to an entity's accounting policies
  • Recognize the requirements regarding changes in accounting principles

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Field of Study: Accounting - Prerequisites & Advanced Preparation: None - CPE Credit Type: Technical - Delivery Method: QAS Self Study - For more information regarding administrative policies such as complaint and refund, please contact our Customer Success team at support@vtrpro.com or visit our Help webpage.

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CPA: VTR is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org. This program is valid for 4 CPEs.