Every decision a CPA makes, and every action a CPA takes, has risk implications. The benefits of each decision made must be balanced with its professional liability risk. The estimation and valuation of liabilities is a key aspect that accountants and tax professionals need to focus.
This webinar focuses on the accounting-related complexities for estimated liabilities and contingent liabilities. This webinar will provide ideas about how you should identify and evaluate the risk implications of your decisions.
Key topics included in the webinar:
- Customer loyalty programs, warranties, asset retirement obligations, and other examples.
- Generally accepted accounting principles (GAAP) recognition and disclosure methods.
With a lot of examples this webinar will be a great value to practical understanding of what practical situation one may face as an accounting professional. This webinar will serve as a guide for accounting and finance professionals who need to fully understand how to prepare and interpret financial reports.