ASC 280: Segment Reporting
Description
ASC 280 Segment Reporting is a crucial accounting standard that guides public entities on disclosing financial information about their operating segments. This requirement ensures transparency by providing stakeholders with insights into a company’s products, services, geographic operations, and major customers. And all of this information is delivered through the "eyes of management." This segment reporting CPE course will focus on those requirements and more!
Since its introduction in 1997, ASC 280 has consistently ranked among the top five issues flagged by the SEC in comment letters. The challenge? Many companies hesitate to disclose detailed segment data, fearing it may offer competitors an advantage. However, compliance is essential to maintaining SEC approval and investor trust.
This segment reporting CPE course (1.0 CPE credit) offers a deep dive into ASC 280 and the latest segment disclosure updates under ASU 2023-07. You’ll learn:
- How to identify operating segments using the management approach
- Which segments qualify as reportable under ASC 280
- Key segment disclosure requirements and their impact on financial reporting
- Common SEC comment letter issues and how to avoid them
Designed for accounting and finance professionals, this segment reporting CPE course will help you enhance compliance, reduce SEC scrutiny, and ensure accurate financial disclosures. Whether you're preparing for an audit or improving internal reporting processes, this training provides actionable insights to strengthen your segment reporting strategy. And, with Mike and Vicky as your facilitators, you know it'll be fun too!
Enroll now to stay ahead of evolving disclosure requirements and master ASC 280 with confidence!
Interested in group discounts for your team? Contact us to learn more.
Learning Objectives
By the end of this course, you should be able to:
- Identify operating and reportable segments using the management approach
- Recall the segment disclosures required by ASC 280, including the improvements set out in ASU 2023-07
- Recognize issues with segment disclosures noted by the SEC in their comment letters
Additional Information
| Last Updated | 11/01/2024 |
|---|---|
| CPE Credit | 1.0 |
| Field of Study | Accounting |
| Instructional Delivery Method | QAS Self Study |
| Knowledge Level | Overview |
| Prerequisites | None |
| Advanced Preparation | None |
| Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
| Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
$120
1h 00m
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