October 1, 2020 8:00am – 11:30am Map & Directions 602-252-4144

Webcast: Financial Statement Disclosures: A Guide for Small and Medium Sized Businesses (8-11:30)

Online registrations are currently closed, please call (602) 324-6847 for additional registration options


A clear and concise set of proper financial statement disclosures can make or break an entity's financial statements. Such disclosures are no longer simply additional information provided by a business; they can be complex in nature and difficult to both prepare and understand, even for small and medium-sized businesses. Oftentimes, financial statement users will first turn to the notes in the financial statements in order to get a feel for where the business and its numbers might be heading.

This course will focus on key balance sheet and income statement disclosure as well as those relating to adoption of new accounting standards such as Topic 606, accounting policies, changes in accounting estimates and errors, subsequent events, going concern and related party disclosures.

The course will use illustrations, examples based on private company financial statements disclosures and real-world excerpts from financial statements to provide you with a hands-on feel for the disclosure requirements across a number of accounting standards.


ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time



Non-CPA Staff:
Non-CPA Staff (100% club):
Non-CPA Staff (sole proprietor):
Accounting & Auditing


  • Understand and apply the professional requirements and guidance for preparing financial statement disclosures for all entities, including small and medium-sized businesses.
  • Identify balance sheet, income statement and statement of cash flows presentation issues.
  • Review disclosure examples from all sized entities, including small and medium-sized businesses.
  • Be familiar with developing disclosure issues, such as those related to the adoption of new accounting pronouncements.
  • Utilize hands-on examples and illustrations to increase your overall understanding and application of the material.

Course Level



Surgent McCoy CPE, LLC More With This Vendor

Designed For

CPAs and other accounting professionals in public practice and business and industry involved in preparing financial statement disclosures for small and medium-sized businesses.



Event Leaders

Kral, Ron

Rating: 4.53

Ronald Kral is the managing partner of Candela Solutions LLC, a public accounting firm with a national focus on governance, SEC compliance, and internal auditing. He is an educator, advisor, and internal assurance provider for boards and management teams. Mr. Kral has worked with over 300 clients, many through Big Four firms. His clients include public companies registered with the SEC, private companies, and other organizations seeking practical accounting guidance and assessments.

Prior to forming Candela Solutions in 2003, Mr. Kral was a financial executive for a subsidiary of a multi-billion dollar company traded on the NYSE. He was also a principal consultant with PricewaterhouseCoopers, leading operational audits and internal control projects. He began his public accounting career with a California CPA firm as a financial auditor where he signed audit opinions upon becoming managing director of the firm’s Orange County office. He launched his career as a performance auditor with the California State Auditor. He is a nationally recognized speaker on corporate compliance, risk assessments, controls, SEC disclosures, auditing standards, and accounting matters.

Mr. Kral holds an M.B.A. from Arizona State University and a B.B.A. from the University of Wisconsin-Madison. He is a member of the FEI, IIA, IMA, and other professional organizations.

More With Kral, Ron


  • Financial statement disclosures for small and medium-sized businesses.
  • Balance sheet, income statement, and statement of cash flows presentation and disclosure issues.
  • Disclosure examples from all sized entities which you can use to base your disclosures on.
  • Developing disclosure issues, including disclosures related to the adoption of Topic 606.

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