Web CPE

Program outline: This course provides an overview of the accounting and reporting requirements with respect to segment reporting. The accounting and reporting guidance related to segment reporting is prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 280. This course focuses on topics such as the identification of the chief operating decision maker (CODM), the determination of operating segments, and the determination of reportable segments. This course also provides information on disclosure requirements as well as illustrative examples of segment disclosures for companies in different industries.

Learning objectives: After completing this course you will be able to:

Identify key characteristics of operating segments.
Recognize characteristics of the entity’s chief operating decision maker.
Identify the quantitative thresholds used for reportable segments.
Recognize disclosure requirements for reportable segments as well as entity-wide disclosures.

Program level: Overview

Prerequisites: None

Advance preparation: None

Type of delivery method: Self Study

Recommended CPE credits: 2

Final examination expiration date: The program participant will have one year from the date of purchase to complete the course and final examination.

Web CPE is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org