ASC 235 Notes to Financial Statements #04 — Subsequent Events & Going Concern

Three high-stakes notes that accountants get wrong most often. Know when to adjust vs. disclose for post-period events, how to evaluate and report going concern doubt, and what related-party disclosures must include.

What you'll learn in this video:
• The difference between adjusting and non-adjusting subsequent events under ASC 855
• What triggers going concern disclosure and what must be said when doubt cannot be alleviated
• The five required elements of every related-party transaction disclosure under ASC 850

📚 Part of: ASC 235 — Notes to Financial Statements
🎬 Playlist: ASC 235 Notes to Financial Statements
🎯 Audience: Intermediate
📌 PNJ Group Financial Statements Training Handbook — Series 02

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## TAGS
ASC 235, subsequent events, ASC 855, going concern, ASC 205-40, substantial doubt, related party disclosures, ASC 850, adjusting subsequent event, non-adjusting subsequent event, going concern evaluation, related party transactions, arm's length, management representation letter, financial reporting, US GAAP, accounting training, intermediate accounting, PNJ Group, note disclosures

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