2026 Accounting for the Unexpected – A Guide to Subsequent Events
This course provides CPAs with a practical and focused examination of subsequent events under U.S. GAAP. It explains the distinction between recognized subsequent events and non-recognized subsequent events, outlines the financial reporting and disclosure requirements, and covers the key considerations for evaluating the impact of post-balance-sheet developments. The course also addresses management responsibilities, audit implications, and examples of common subsequent events.
Learning Objectives
Upon completion, you will be able to:
• Identify the key characteristics and timing of subsequent events under ASC 855
• Differentiate between recognized and non-recognized subsequent events
• Determine when financial statement adjustments are required versus disclosure
• Recognize common examples of subsequent events and their typical accounting treatment
• Recognize audit procedures and documentation requirements related to subsequent events
To complete this course participants need to: Read the material provided and answer chapter review questions, successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate.
A course evaluation form is provided for your feedback, upon course completion. Participants have 1 year from the date of purchase/enrollment to complete this course
Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/
