myCPE
myCPE

Form 10-K Series - Detailed Analysis of the Financial Statements Section 0.5 Credit

Form 10-K Series - Detailed Analysis of the Financial Statements Section 0.5 Credit

Part 2

  • Rating

    4.7
  • Published on

    November, 2024
  • Subject Area

    Accounting

Learning mode

E-Book
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • Identify the key components and classifications of financial statements included in SEC Form 10-K.
  • Recognize the significance of each financial statement in assessing a company’s financial health.
  • Distinguish between critical accounting policies and estimates that impact financial reporting.
  • Determine the role of footnote disclosures in providing additional context to financial statements.
  • Recognize common pitfalls in financial statement disclosures from effective disclosure practices.

Course Overview

Understanding the components of financial statements and ensuring accurate information disclosure is important for the benefit of stakeholders.

In this CPE Course, we will cover how to properly disclose information, including revenue recognition, expenses, and footnotes, providing a comprehensive view of a company's operations, enabling stakeholders to make informed decisions. This transparency creates trust and confidence in the financial markets, ultimately supporting the company’s reputation and long-term success.

This course provides an overview of the financial statements included in SEC Form 10-K, focusing on their structure and significance in assessing a company’s financial health. We will break down each primary statement, highlighting key components, classifications, and their relevance for analysis. The course also examines the role of accounting policies and estimates in shaping financial results as well as the importance of footnote disclosures.

Key topics covered:

  • Key Accounting Policies and Estimates
  • Understanding Footnote Disclosures
  • Common Pitfalls and Best Practices
  • Connecting the Dots to the 10-K 

Join this CPE Course, we’ll identify common pitfalls in financial reporting and outline best practices for ensuring accuracy and clarity, emphasizing the role of internal review processes in maintaining high-quality disclosures. 

For more CPE Financial Reporting courses, Click here.

On Demand Credits for All Qualifications

License details Credits Status
Accounting for Certified Public Accountants (CPA-US) 0.5 CPE Approved
Certified Internal Auditors (CIA) 0.5 CPE Eligible
Certified Management Accountants (CMA) 0.5 CPE Eligible
Chartered Financial Analyst (CFA) 0.5 PL Eligible
Accounting for Delaware Licensed Public Accountant (DE-LPA) 0.5 CPE Eligible
Certified Government Financial Manager (CGFM) 0.5 CPE Eligible
Certified Fraud Examiner (CFE) 0.5 CPE Eligible
Internal Audit Practitioner (IAP) 0.5 CPE Eligible
Certified Financial Forensics (CFF) 0.5 CPD Eligible
Certified Valuation Analyst (CVA) 0.5 CPE Eligible
Qualification in Internal Audit Leadership (QIAL) 0.5 CPE Eligible
Accounting for Iowa Licensed Public Accountant (IA-LPA) 0.5 CPE Eligible
Accounting for Maine Licensed Public Accountant (ME-LPA) 0.5 CPE Eligible
CIPM 0.5 PL Eligible
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) 0.5 CPE Eligible
Certified FP&A Professional (FP&A) 0.5 CE Eligible
License details Credits Status
Accounting for Certified Public Accountants (CPA-US) 0.5 CPE Approved
Certified Internal Auditors (CIA) 0.5 CPE Eligible
Certified Management Accountants (CMA) 0.5 CPE Eligible
Chartered Financial Analyst (CFA) 0.5 PL Eligible
Accounting for Delaware Licensed Public Accountant (DE-LPA) 0.5 CPE Eligible
Certified Government Financial Manager (CGFM) 0.5 CPE Eligible
Certified Fraud Examiner (CFE) 0.5 CPE Eligible
Internal Audit Practitioner (IAP) 0.5 CPE Eligible
Certified Financial Forensics (CFF) 0.5 CPD Eligible
Certified Valuation Analyst (CVA) 0.5 CPE Eligible
Qualification in Internal Audit Leadership (QIAL) 0.5 CPE Eligible
Accounting for Iowa Licensed Public Accountant (IA-LPA) 0.5 CPE Eligible
Accounting for Maine Licensed Public Accountant (ME-LPA) 0.5 CPE Eligible
CIPM 0.5 PL Eligible
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) 0.5 CPE Eligible
Certified FP&A Professional (FP&A) 0.5 CE Eligible

Additional Information

Credits

0.5

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

About Author

Kelen is a recognized author and reviewer of CPE courses and has authored over 150 courses (370+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics.  His courses are available for purchase from many online CPE providers including the AICPA.  Kelen remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam.  He also serves as an Editorial Advisor for the AICPA’s "Journal of Accountancy".    

Kelen has nearly 20 years of progressive finance and accounting experience. He currently serves as a Principal in Accounting Policy with HP in Doha, Qatar.  Prior to HP, he served in multiple accounting roles in the oil & gas industry with ConocoPhillips including technical accounting policy, SOX compliance, and internal audit. He also gained public accounting experience with PricewaterhouseCoopers, working with various clients in the energy, electric, power, gas, and utility sectors.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent

Very Good

Average

Poor

Terrible

Recommended Courses

Running Reports in QBO to Analyze Growth

Jan 21, 09:00 AM ET

  • CPA (US)
  • IA LPA
  • ME LPA
  • DE LPA
Risk Assessment for the Oil and Gas Industry

Jan 21, 10:00 AM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • IAP
  • QIAL
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
ASC 820: Fair Value Measurements

Jan 21, 10:00 AM ET

  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Monthly Fraud and Forensics Update - Jan 2025

Jan 21, 12:00 PM ET

  • CPA/CFF
  • CFE
  • CIA
  • CPA (US)
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
Applying COSO to Enhance Performance and Achieve Objectives

Jan 21, 12:30 PM ET

  • CRMA
  • CPA/CFF
  • CFE
  • CGAP
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CGMA
  • IAP
  • QIAL
  • MAFF
  • IA LPA
  • ME LPA
  • DE LPA
  • CICA
  • CCS
Accounting and Financial Reporting for Cryptocurrency and other Digital Assets

Jan 21, 12:30 PM ET

  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • CGMA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • IA LPA
  • ME LPA
  • DE LPA
Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

This course is included with,

Individual Subscription

Gain access to everything required for compliance, skill enhancement, and staying ahead of industry trends—all included in the Individual subscription. Here’s what you get:

  • 13,000+ Hours of NASBA-Approved Content
  • 500+ Emerging Subject Areas
  • 50+ State- Specific Ethics Courses
  • 100+ Conferences with Access to Industry Events
  • 250+ FastTrack Compliance Packages

    Pre-selected courses for quick compliance

  • Exclusive Mobile App Access
  • Access to Professional Communities

    Connect with like-minded professionals on Teams.

Trusted by 250,000+ Professionals

trust pilot review google review
Unlimited Access

Ready to Get Started?

Sign up today and begin your learning journey immediately!

card
$299$199 For 12 Months
stripe

Start Your Subscription

$299$199/year

Secure unlimited access

Click Here
Subscribed
Denise purchased a subscription.
Subscribed
Kibriana purchased a subscription.
Subscribed
Jennie purchased a subscription.
Subscribed
Carol purchased a subscription.
Subscribed
Shirley purchased a subscription.
Subscribed
Karen purchased a subscription.
Subscribed
Julia purchased a subscription.
Subscribed
Elizabeth purchased a subscription.
Subscribed
Breann purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Leslie purchased a subscription.
Subscribed
Lauren purchased a subscription.
Subscribed
CHAVERRA purchased a subscription.
Subscribed
Keerthana purchased a subscription.
Subscribed
ROSMERY purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Rebecca purchased a subscription.
Subscribed
Kevin purchased a subscription.
Subscribed
Juan purchased a subscription.
Subscribed
IRENE purchased a subscription.
Subscribed
JESSICA purchased a subscription.
Subscribed
Byron purchased a subscription.
Subscribed
Valerie purchased a subscription.
Subscribed
Vanessa purchased a subscription.
Subscribed
Jose purchased a subscription.
Subscribed
Clayton purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Desire purchased a subscription.
Subscribed
Aaron purchased a subscription.
Subscribed
Emily purchased a subscription.
Subscribed
Hannah purchased a subscription.
Subscribed
Retha purchased a subscription.
Subscribed
Heather purchased a subscription.
Subscribed
Sarah purchased a subscription.
Subscribed
AL purchased a subscription.
Subscribed
Jeff purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
Annie purchased a subscription.
Subscribed
Rebecca purchased a subscription.
Subscribed
Si Kam purchased a subscription.
Subscribed
Jinxue purchased a subscription.
Subscribed
Jim purchased a subscription.
Subscribed
Bhavin purchased a subscription.
Subscribed
STEVEN purchased a subscription.
Subscribed
Jana purchased a subscription.
Subscribed
Vanessa purchased a subscription.
Subscribed
Dee purchased a subscription.
Subscribed
Anna purchased a subscription.
Subscribed
Timothy purchased a subscription.
Subscribed
Chipo purchased a subscription.
Subscribed
Carrel purchased a subscription.
Subscribed
Grant purchased a subscription.
Subscribed
Jordan purchased a subscription.
Subscribed
Brittany purchased a subscription.
Subscribed
Michelle purchased a subscription.
Subscribed
Dinah purchased a subscription.
Subscribed
Mary purchased a subscription.
Subscribed
Maria purchased a subscription.
Subscribed
Ana purchased a subscription.
Subscribed
Melissa purchased a subscription.
Subscribed
Barry purchased a subscription.
Subscribed
Cathryn purchased a subscription.
Subscribed
Joy purchased a subscription.
Subscribed
Felicia purchased a subscription.
Subscribed
Chintan purchased a subscription.
Subscribed
Marcia purchased a subscription.
Subscribed
sirui purchased a subscription.
Subscribed
Jeffrey purchased a subscription.
Subscribed
Mohammed purchased a subscription.
Subscribed
joan purchased a subscription.
Subscribed
Shannon purchased a subscription.
Subscribed
Valerie purchased a subscription.
Subscribed
Eric purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Doug purchased a subscription.
Subscribed
Kevin purchased a subscription.
Subscribed
Megan purchased a subscription.
Subscribed
Jasmine purchased a subscription.
Subscribed
Richard purchased a subscription.
Subscribed
Judy purchased a subscription.
Subscribed
Valerie purchased a subscription.
Subscribed
Sui purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Sherif purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Ernesto purchased a subscription.
Subscribed
Petr purchased a subscription.
Subscribed
Ryan purchased a subscription.
Subscribed
Margie purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Joan purchased a subscription.
Subscribed
Wade purchased a subscription.
Subscribed
Jason purchased a subscription.
Subscribed
Joanna purchased a subscription.
Subscribed
Bethany purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Tracy purchased a subscription.
Subscribed
Funmilola purchased a subscription.