Supplier Finance Programs - What You Need to Disclose (Course Id 2086)

• Who is this course for?
  This course is intended for anyone needing Continuing Professional Education (CPE), including CPAs and accounting professionals.

• What is this course about or what problem does this course solve?
  The course explains the disclosure requirements related to supplier finance programs, helping professionals understand how to comply with U.S. GAAP guidance.

• How can the knowledge from this course be used?
  The knowledge can be used to identify supplier finance programs and ensure accurate and complete annual and interim disclosures in financial statements.

• Why is this course important to a CPA, Accountant, or IRS Enrolled Agent?
  Understanding and correctly disclosing supplier finance programs is essential for compliance with accounting standards and financial transparency.

• When is this course relevant or timely?
  This course is relevant as of its 2025 release and revision date (August 22, 2025), aligning with current financial reporting requirements.

• How is a course like this consumed or used?
  The course is delivered through QAS self-study format, includes review and final exam questions, and requires a minimum passing score of 70% to earn CPE credit.

This course provides an overview of the disclosure requirements with respect to supplier finance programs.  Supplier finance programs, also referred to in many other ways such as reverse factoring, are solutions and processes that companies use to optimize cash flow by allowing for longer payment terms while also providing the option for their suppliers to get paid faster.

NASBA QAS - Text - NASBA Registry - 2086

Course Learning Objectives

• Identify the characteristics of a supplier finance program
• Recognize programs within the scope of supplier finance program disclosures
• Identify the annual qualitative and quantitative disclosure requirements
• Identify interim disclosure requirements

Chapter 1 - Supplier Finance Programs - What You Need to Disclose

Course Learning Objectives

Course Overview

Introduction

U.S. GAAP Guidance

Scope Considerations

Review Questions

Disclosure Objectives

Annual Qualitative Disclosure Requirements

Example Qualitative Disclosure of Key Terms

Annual Quantitative Disclosure Requirements

Interim Disclosure Requirements

Conclusion

Review Questions

Glossary of Key Terms