Evaluating Going Concern - What Accountants Need to KnowCode: 27-EVALCONCERN

Price: $19.95
Add to Cart

Course Details

Pages: 22
This course covers the accounting and disclosure requirements related to going concern under ASC 205-40. You'll learn how management evaluates whether substantial doubt exists, how to apply the required one-year look-forward period, and what role mitigation plans play in that analysis. The course also explains when disclosures are required and how they differ depending on whether substantial doubt is alleviated.

Learning Objectives
Upon completion of this course, you will be able to:

• Identify the conditions that require management to evaluate going concern uncertainty

• Determine the appropriate one-year look-forward period for a going concern assessment

• Recognize how management’s plans may alleviate substantial doubt

• Differentiate between disclosures required when substantial doubt is alleviated and when it is not

Category: Accounting

Recommended CPE Hours: 1

Level of knowledge: Update

Prerequisite: Basic understanding of Accounting

Advanced Preparation: None
Processing...
$19.95
Select Desired Format:


No reviews yet.

For more information regarding refunds, complaints, or cancellation policies, please contact our offices at 817-477-0222.

American CPE, Inc. 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

 

NASBA QAS Sponsor number 108096