Corporate External Financial Reporting | 7.0 hrs CPE Credit

Before starting this self study program, please go through the instructional document.

Course Description
Course Qualification
Presenter
FAQ

Course Description

Overview

Who are the Users of the FInancial Statements

8 mins
MD&A Components

28 mins
Special Category: Inventory in Transit

64 mins
Intrest and dividends

113 mins
Usage Method: Units of Output

160 mins
Liability Valuation Topics

181 mins
Impact of Change to Accounting for Leases

208 mins
Discontinued Operation Criteria

252 mins

Course Description

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.

Who Should Attend?

Accountant
Accounting Firm
Accounting Managers
Accounting Practice Owners
Accounts Director
Chief Accounting Officer
Cloud Accountants
CPA (Industry)
CPA - Mid Size Firm
CPA - Small Firm
CPA in Business
Entrepreneurial CPA
Senior Accountant
Staff of Accounting Firm
VP Accounts
VP Finance
Young CPA

Course Qualification

Webinar Qualifies For

7 CPD Credit for Accredited in Business Valuation (ABV)
7 CPE Credit for Certified Internal Auditors (CIA)
7 CPE Credit for Certified Management Accountants (CMA)
7 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
7 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
7 CPE Credit for Certified Valuation Analyst (CVA)
7 CPE Credit for Chartered Global Management Accountants (CGMA)
7 CPE Credit for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
7 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
7 CE Credit for Certified Wealth Strategist (CWS)
7 General Credit for Accountant/Bookkeeper/Tax Professionals

Additional details

Course Level :

Basic
Credits :

7
Instructional Method :

QAS Self Study
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 through its website: www.NASBARegistry.org.

Presenter

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.

About Company

CPE University, LLC

www.thecpeuniversity.com

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

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
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