- NY Credits : 8.0
- TX Credits : 8.0
This interactive self-study course takes a look at two topics that affect financial statements that use special purpose frameworks. Lesson 1 discusses form and style considerations that apply to these types of financial statements. Lesson 2 covers making disclosures in special purpose financial statement presentations.
Course Expiration Date: October 31, 2020
Please note, the grading fee for answer sheets submitted by regular mail is $109.
Identify form and style considerations for financial statements presented using special purpose frameworks.
Recognize appropriate form and style for financial statement notes, supplementary or other information, and other miscellaneous elements of financial statements presented using special purpose frameworks.
Recognize the presentation requirements for disclosures in special purpose framework presentations.
Identify the disclosure methods financial statements prepared using a special purpose framework should use for changes in financial reporting frameworks, and the omission of substantially all disclosures.
Determine the best way for financial statements prepared using a special purpose framework to disclose accounting for uncertainty in income taxes.
Lesson 1—Form and Style Considerations
Lesson 2—Disclosures in Special Purpose Framework Presentations