Free Demo Courses

CPAR GOV/NFP - Vol. 2012 - No. 1 - 01 - What Forward-Looking Information Should Financial Statements Contain? (demo)

Course Overview
The Governmental Accounting Standards Board recently proposed that state and local governments report five-year projections of cash inflows, outflows and future financial obligations as required supplementary information. Warren Ruppel, a partner in the firm of Marks Paneth & Shron LLP, assesses whether GASB's proposal meets the needs of financial statement users for forward-looking information.

Demo Courses are not available for credit.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • define economic condition reporting;
  • list the five components of information necessary to assist financial statement users in assessing a government's fiscal sustainability;
  • explain what government's should do to comply with the GASB's preliminary views document;
  • describe the auditor's responsibility for required supplemental information and for making a going-concern determination.

Content Partner:

CPAR Government/Not-For-Profit

Prerequisites/Advanced Preparation:

Work experience in government accounting or auditing, or an introductory course in government accounting

Speaker / Author:

CPAR Government/Not-For-Profit
CPAR Government/Not-For-Profit

Software & Hardware Requirements:

  • 56k or Greater Internet Connection
  • Adobe Acrobat® Reader for the .pdf files
  • Adobe® Flash® Player 8 or higher
  • Modern DHTML Compatible Browser
  • Ram: 256 MB minimum
  • Sound card with speakers/headphones
  • Windows or Mac OS


Course Code : CPAR963-FM-d

Course Level : Update

Format Type : eLearning

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