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

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/