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Jennifer Louis, CPA, President of Emergent Solutions Group LLC
Jennifer has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and soft skills topics needed for professional and organization.
This instructor has 82 courses »To Access This Course:
Financial statement disclosures are important to provide the information necessary for financial statement users to make economic decisions. Disclosures further explain and clarify information provided in the basic financial statements, but also provide critical information about subsequent events, litigation risk, and other concerns.
This course focuses on the most common financial statement disclosures for small- or medium-sized nonpublic entities under U.S. GAAP from general disclosures to specific disclosures for common categories of assets, liabilities, equity transactions, revenues and expenses.
Learning Objectives
- Identify common financial statement disclosures for small- and medium-sized nonpublic business entities, such as specific common assets, liabilities, and equity transactions.
- Explore critical information useful to financial statement readers for making economic decisions, such as information about fair value measurement, commitments, contingencies, related parties, and going concern uncertainty.
- Explore results of operations through information that supplements the face financial statements, such as details about revenue recognition and income taxes.
Last updated/reviewed: May 13, 2022
10 Reviews (49 ratings)Reviews
Scott Lawrence
( at North Country CPAs)
I did not do well on the exam and it took multiple attempts to pass it. Many topics were not relevant to our practice. She was very thorough however. Just not a very exciting topic.
Anonymous
(Accounting Manager)
Great review course on disclosures. I liked that it was broken out by different categories (cash, liabilities, contingencies, etc) and also discussed public vs nonpublic requirements.
Melissa N
(Accounting Manager at Anonymous)
A lot of information covered too quickly. The slides and the instructor's commentary were often ambiguous, making it difficult to answer the final exam questions.
Anonymous
(Owner)
A lot of great info packed into this course. This course provides a high-level look at the various disclosures that need to be considered.
Anonymous
(CPA)
Good course, but too much content for the time allotted. The answers for the quiz questions were not easily found in the materials.
Anonymous
(Program Manager)
I really like Jennifer's class that has detail contents in her presentation. The material is very helpful.
Carmen Cruz
(Property Accountant at O)
The class was easy to follow and had an excellent overview for a very comprehensive subject.
Anonymous
()
Good information, well-presented. Excellent presentation, will recommend to others.
Anonymous
(CPA)
The course was more or less reading the slides and was hard to engage with.
Inna Shmukler
(Controller at Fornetix LLC)
Very cumbersome. A lot of useful information, but not well presented.
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .