On Demand Webinar

GAAP Financial Statements

Webinar Details $219

  • Rated:
  • Webinar Length: 100 Minutes
  • Guest Speaker:   Chuck Borek
  • Topic:   Taxation and Accounting
  • Credit:   ATATX 1.5
All Access Membership

For many years, GAAP has been considered by many smaller businesses as too burdensome to apply. The Financial Accounting Standards Board has made some progress in rendering GAAP more user-friendly, but it remains mysterious and confounding to many. This course aims to de-mystify GAAP by unpacking its basic features and illustrating how understanding GAAP-based financial statements can be a valuable, and sometimes essential, skill. 

Among the topics covered in the course are:

  • The fundamental differences between the GAAP, tax, and cash bases of accounting
  • Revenue recognition under GAAP
  • How GAAP interacts with business tax returns
  • Understanding the variety of auditor opinions
  • Basic approaches to disclosure
  • Why GAAP and you should be friends

Guest Speaker

  • Chuck Borek

ATATX Credit

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in accounting.