Webinar: US GAAP Financial Statement Presentation and Disclosure

The purpose of this seminar is to discuss the most significant financial statement presentation and disclosure requirements under US GAAP. Preparing financial statements under US GAAP is essential in ensuring financial information provides useful information to owners, investors, creditors, and other stakeholders in their decision-making processes. This seminar is prepared focused on presentation and disclosure requirements for non-public companies.

Objectives: Upon completion of this course participants should be able to:

1. Understand the general US GAAP presentation and disclosure requirements.
2. Identify the components of financial statements for non-public companies: Balance Sheet, Income Statement, and The Statement of Cash Flows.
3. Describe the most common disclosure (footnote) requirements for nonpublic companies.
4. Understand the accounting principles that apply to the following items:

• Other assets
• Other liabilities
• Investments
• Debt
• Leases
• Taxes
• Fair Value
• Commitments and Contingencies
• Segment Reporting
• Related Parties
• Subsequent Events
• Accounting Changes
• Business Combinations

"Instructional Delivery Method": Programa de grupo por internet: webinar en vivo.

CPE Credits: 4

P. R. Field of Study: Accounting and Auditing

"NASBA Field of Study": Accounting – Technical

Pre-requisite: BBA with concentration in accounting and 6 months of audit experience.

Advance Preparation: None

Level: Intermediate

Date: April 19, 2024

Registration: 8:45am - 9:00am                    Webinar: 9:00am - 1:00pm

Instructor: Dr. José A. González Taboada, JD, CPA, Professor, College of Business Administration UPR

Place: The webinar will be broadcasted via Zoom.

Materials: This course will be paperless and the materials will be distributed electronically. Download them through "Mi Perfil → Registros de Eventos → Selecciona Evento → Tab Materiales", on the Colegio's website. After the date of the event download them through "Mi Perfil → Registros de Eventos → Registros Corrientes → Historial → Selecciona Evento → Tab Materiales". Electronic devices may be brought to the classroom to access the downloaded materials. We reserve the right to admission.

Electronic evaluation: Once you have registered your entry to this educational activity, you can quickly and easily access and complete the evaluation through "Mi Perfil". On our website "Home" page you will find detailed instructions for completing the form.

Notice: The Colegio de CPA reserves the right to substitute instructors and suspend a course due to insufficient enrollment or other causes beyond our control. We reserve the right to refuse admission. Space is limited. Registration is subject to the available slots. The tuition price for CPA applies to those who at the time of registration do not owe debts to the Colegio.

INFORMACIÓN IMPORTANTE

I. Conectarse a la transmisión:

a. Enlace

En este seminario se utilizará la aplicación de Zoom. Luego de registrarse, encontrará en “Mi Perfil - Registros de Eventos - Selecciona Evento” botón “Entrar a Zoom” para poder acceder al curso.

b. Otras

El Colegio de CPA no será responsable por los problemas técnicos que el participante pueda confrontar en el uso de su equipo o de su conexión de internet durante la transmisión de este seminario virtual.

II. Horario

Permanecer atento a la conferencia desde su comienzo hasta el final, tomando un receso cuando así lo indique el instructor y regresar puntualmente de éste.

III. Preguntas y respuestas

Enviar sus preguntas o dudas durante el seminario a través de este sistema por la pestaña llamada “Q & A”.

Las preguntas recibidas se contestarán durante el seminario.

IV. Validación de asistencia de acumulación de horas-crédito:

Para poder acumular las horas-crédito correspondientes a este seminario necesita estar atento y presionar de inmediato cada "pop up" que aparecerá en pantalla de manera aleatoria a través de toda la transmisión, asegurándose de responder un mínimo de 75% de éstos.