This course explores the intersection between legal and financial reporting and focuses on how attorneys and accountants collaborate to evaluate, recognize, and disclose legal risks in financial statements. The course addresses key issues such as probable losses, contingent liabilities, asserted and unasserted claims, and how each discipline contributes to accurate and compliant financial reporting.

Learning Objectives
Upon completion of this course, you will be able to:
•    Recognize roles of legal counsel and accountants in identifying, assessing, and reporting legal risks
•    Identify key concepts surrounding contingent liabilities and loss contingencies
•    Differentiate between asserted and unasserted claims and their impact on financial reporting
•    Identify communication and collaboration best practices between legal and accounting teams

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/