This lesson provides an overview of subsequent events, a significant topic in the realm of auditing and financial statements. Nick Palazzolo, CPA, highlights its importance and relevance to both SIMS and multiple-choice questions on CPA exams. The lesson delves into the learning objectives associated with subsequent events, emphasizing the need for understanding their impact on financial statements.
Video: Subsequent Events Overview
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Engagement Planning, Understanding an Entity, & Understanding its Internal Control
Module:
2 Concepts,
36 Videos
Going Concern
8:46
Accounting Estimates
4:02
Pending Litigation
4:52
Accounting Changes
19:21
