Accounting Changes and Error Corrections

Authored by Kelen Camehl, CPA
About this Course
This course provides an overview of the accounting and reporting requirements with respect to accounting changes and error corrections. The discussion of accounting changes includes changes in accounting principles, changes in accounting estimates, and changes of the reporting entity. It also provides an overview of the accounting requirements of correcting errors in previously issued financial statements as well as restatement considerations. Upon completion of this course, you will be able to: List the different types of accounting changes; Differentiate between the reporting requirements for the different types of accounting changes; Identify the steps involved in assessing a correction of an error; Differentiate between the various methods for quantifying a correction of an error; Recognize the different types of restatements
$ 36.00
Course is unavailable for purchase.
NASBA Field of Study
Accounting
Level
Intermediate
CPE Credits
2.0
Prerequisites
Basic knowledge of accounting principles
Last Updated
08/04/2016
CCHL_AcctChgErrorCorr