This course provides an overview of the financial statement disclosure requirements related to several of the key accounting areas within U.S. GAAP. This includes disclosures related to revenue from contracts with customers, lease transactions, business combination transactions, current expected credit losses, as well as segments. Information presented in this course is primarily sourced from the FASB Accounting Standards Codification (ASC).

Learning Objectives
  • Identify disclosure requirements related to revenue from contracts with customers.
  • Recognize both qualitative and quantitative disclosure requirements for both lessees and lessors.
  • Identify disclosures related to business combination transactions.
  • Recognize disclosure requirements based on the CECL standard.
  • Discover and differentiate between disclosures for reportable segments vs. entity wide.
Last updated/reviewed: December 31, 2023
1 Review (15 ratings)


Member's Profile
The course is structured in a way that is easy to follow. I appreciated the examples provided along with the explanations of the FASB basis for conclusions. Anyone needing to make disclosures on the topics should read this.

Course Complexity: Foundational

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 .
Instructor for this course
Course Syllabus
  Disclosure Requirements - Rev Rec, Leases, Business Combinations, CECL & Segments (Text Based Course)PDF