The objective of financial reporting is to provide financial information about the entity that is useful for decision-making. External Financial Reporting Decisions covers the four financial statements (balance sheet, income statement, statement of changes in equity, and statement of cash flows) as well as recognition, measurement, valuation, and disclosure concepts.
This webinar will enable you to better understand the development and integration of financial statements and the issues that preparers and users of financial statements face. This webinar provides a special consideration to asset and liability valuations, revenue recognition, income measurement, and differences between US GAAP and IFRS.
Topics include:
Financial Statement Overview
Valuation of Accounts Receivable
Valuation of Inventory
Valuation of Securities
Depreciation Methods.
Impairment of Long-Term Assets
Valuation of Liabilities
Income Taxes on the Balance Sheet
Leases
Equity Transactions
Revenue Recognition
Income Measurement
IFRS-US GAAP Differences
This will be an attractive value webinar for the Tax preparers, EAs, and CPAs.
Learning Objectives
To identify the major components, classifications, and limitations of each financial statement.
To identify the basic disclosures related to each financial statement.
To identify issues related to the valuation of accounts receivables, including timing of recognition estimation of uncollectible amounts.
To identify issues in inventory valuation including which goods and costs to include.
To recognize the differences between the held-to-maturity, trading, and available-for-sale methods to classify securities.
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 through its website: www.NASBARegistry.org.
About Presenter
Thomas Coghlan
Founder & CEO, CPE University, LLC
He has worked at the intersection of entrepreneurship, business leadership, technology, and education for over 25 years, resulting in a wide range of skills and experiences...
Entrepreneur:
Founder and CEO of two successful businesses: Appitur® Co. (EdTech) and CPE University (training for accountants).
Advisor and investor for startups in food services, online retail, and technology.
Business Leadership:
Progressively responsible roles for multi-national firms in the manufacturing and software industries (Controller -> CFO and IT Director -> VP of Client Services).
Technology:
Business Fellow for the Analytics Center of Excellence at Villanova University School of Business.
Sold and delivered over $4 million of successful consulting projects.
Education:
Developed and delivered over 1,300 hours of live Continuing Professional Education (CPE) for financial professionals.
Created and taught undergrad and MBA courses in accounting and analytics for a top US university.
Building a career is challenging, with many factors seeming to be out of your control. Making an investment in yourself through professional certifications and continuing education separates you from everyone else. CPE University's programs are designed to help you develop new skills, differentiate yourself, and “Achieve Your Strategic Advantage”.
For over 15 years we have leveraged deep subject matter expertise and cutting-edge online course delivery to provide in-depth programs for a reasonable investment. Let CPE University help you “Achieve Your Strategic Advantage”.
FAQ
myCPE self-study courses are online.
The self-study format allows you to access the material online 24/7 and study at your own pace.
As per NASBA guidelines, you have one year from date of registration to complete each program.
Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
These are Live recorded presentations converted into Self Study (On-Demand Videos).
Refund/Cancellation Policy
For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
Please email to help@my-cpe.com in case of any self study program queries.
Testimonial
4.5
(53)
60%
36%
2%
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2%
CL
Callaway Lawlor, CPA
Nov 9th 2020
Another fantastic education session with Thomas. He is so knowledgeable and practical in his approach to serving clients and practice management. He is also very generous with his time, offering to speak to any of us anytime about any topic
RJ
Rhonda Jones, CPA
Nov 18th, 2020
I did not believe that Thomas could have out-performed his last webinar that I attended. Wrong again. Thomas, gave superb instruction on why to question conventional reasoning when anlyzing financial performance. And, he managed to explain and clarify the use of alternate measures. Excellent presentation
JB
Jacqueline Bell,
Nov 3rd, 2020
Thomas cut through the usual accounting conversation to offer practical and easy ideas to wow your clients. He showed how much juicy info is hidden behind a typical financial statement. I also really appreciate his view on adding value to each client interaction and stretching ourselves to build a great relationship with our clients. Edward is engaging and very informative - I would recommend any class with him!
RG
Ruth Gilmer, CPA
Nov 2nd, 2020
He presents information in an interesting, down-to-Earth, and extremely relevant way. Thomas provides easy to understand, real life examples of various analyses in his webinar - -which gives us take-aways that we can easily incorporate into our professional lives. This was a very valuable webinar with a lot of wise advice packed into 60 minutes
PU
Pd Ullman, CPA
Oct 26th, 2020
Thomas provides accountants with no nonsense information to add value to clients! So often, accountants presume clients know what is going on in their business but don't. Remember what happens when you assume? The topic was interesting and Ed did a terrific job explaining ways to maximize beneficial !
WK
Walter Kennedy, CPA
Oct 26th, 2020
Outstanding webinar; as a career Controller and now a small business consultant, this served as reminder to me to be more proactive in "peeling back the layers" for my clients. Makes my services more valuable, This type of financial overview will certainly help the reader of the financials to get an better understanding of the business operations.
