US GAAP ASC 855: Subsequent Events Guidance, US GAAP ASC 855 Subsequent Events.
Course Description
Gain a comprehensive understanding of US GAAP ASC 855: Subsequent Events in this targeted course. Designed for accounting and financial professionals, this course dives into the critical principles of subsequent events under US GAAP, providing clarity on their types, criteria for financial statement issuance, and essential disclosure requirements. Perfect for those looking to enhance their financial reporting expertise.
What You’ll Learn:
- Master the concept of subsequent events under US GAAP.
- Differentiate between the types of subsequent events and their implications.
- Understand the criteria for financial statements being issued and available to issue.
- Comprehend the disclosure requirements for subsequent events.
Explore Topics:
- US GAAP
- Accounting
- Financial Reporting
Course Content:
Video 1: Overview
- Introduction to Subsequent Events under US GAAP
- Identifying Subsequent Events
- Types of Subsequent Events
Video 2: Understanding Subsequent Events
- In-depth Exploration of Subsequent Events
- Detailed Discussion on Types of Subsequent Events
Video 3: Financial Statements: Issued vs. Available to Issue
- Criteria for Financial Statements Considered Issued
- Criteria for Financial Statements Considered Available to Issue
- Specific Considerations for Public Entities
Video 4: Examples of Subsequent Events
- Practical Examples to Illustrate Subsequent Events
Video 5: Disclosures
- Comprehensive Disclosure Requirements for Subsequent Events
Video 6: Practice Questions on Subsequent Events
- Test Your Knowledge with Practice Questions
This course offers a structured approach to mastering ASC 855, ensuring you’re well-equipped for real-world application in accounting and financial reporting scenarios. Enroll now to elevate your professional expertise!
