Going Concern Accounting and Auditing ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
Understanding the issues surrounding going concern accounting in todays’ business world is critical. This course by Larry Perry covers the applicable technical pronouncements for going concern financial statements, including technical references, detailed examples, and suggested questions for the auditor to consider when performing an audit. You’ll gain a complete understanding of what to look for, how to classify, and how to report the feasibility and financial outlook of an institution’s financial future related to going concern issues.
Highlights
The State of the Standards. Accounting and Auditing Standards in the United States. Reporting on the Going Concern Assumption for Compilations and Reviews.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Identify the fundamental concepts of the going concern assumption. Identify information contrary to the going concern assumption. Cite the responsibilities for management and auditors in detecting, disclosing, and reporting on going concern issues.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Larry Perry, AICPA In-House Training
With 40 years’ experience as a CPA, Larry is a nationally-known author of accounting and auditing manuals, a professional continuing education instructor and author, and a consultant to CPA firms. Larry practices in Colorado Springs, Colorado and has served primarily small business, religious and small non-profit organizations and other nonprofit organizations. Larry is co-founder of CPA Firm Support Services, LLC, an organization dedicated to meeting the needs of small to medium-size CPA firms. He is currently developing audit guides and practice aids for use on very small audits that comply with the risk assessment standards and, at the same time, create efficiencies by reducing the volume of forms, checklists and working papers.
Non-Member Price $33.00
Member Price $29.00