Help  |  Pay an Invoice  |  My Account  |  CPE Log  |  Log in

21WS-0723: Surgent's Financial Reporting Update for Tax Practitioners (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Friday, October 15, 2021
8:00am - 4:00pm Central Time
8 CPE (8 technical)

Alternate dates & more options

Designed for all tax practitioners, including those who just prepare returns and those who assist on financial statement engagements, this course will replenish your accounting and reporting tank with an update of recent standard-setting activities at the FASB and AICPA. To start, the course will review the significant new financial accounting, auditing, and accounting services guidance issued over the past few years. The course will also focus on any unique income tax reporting (ASC 740) implications of recently issued accounting standards, such as revenue recognition (ASC 606) and leases (ASC 842) and those of COVID-19 stimulus and other tax-related legislation. The course will also discuss recently issued standards and review the recent activity of the AICPA with a focus on how the new standards will impact tax practitioners.

Lastly, the course will dive into the unique income tax accounting considerations which arise from certain types of transactions, such as stock-based compensation, and review the presentation and disclosure requirements of ASC 740.

Major subjects

  • ASC 740 considerations related to the CARES Act
  • Recent standard setting and consulting activities at the FASB
  • Proposed updates to income tax accounting and financial statement disclosures
  • Tax-basis financial statements
  • Recently issued Statements on Auditing Standards and other audit related hot topics
  • SSARS No. 21, Clarification and Recodification, and other recently issued and proposed SSARS

Learning objective(s)

  • Come up-to-speed on recent standard setting activities at the FASB and the AICPA
  • Determine the income tax accounting impact of recently issued and proposed FASB ASUs
  • Be aware of auditing trends on the radar
  • Understand and apply the SSARS No. 21, Clarification and Recodification, relating to the preparation of financial statements and new guidance on compilations and reviews

Who should take this program?

All tax practitioners desiring to remain up-to-date on recent accounting, reporting, and compilation and review activities

Fees

Our records indicate you are a nonmember. If you register, you will be charged $259.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $259.00
checkmark Standard Nonmember Fee $259.00

More program information

Instructor Richard Daisley, CPA
Location Online
Area
of study
Accounting & audit
Field(s)
of study
Auditing - Technical (2.0)
Accounting - Technical (6.0)
Level Update
Format Group Internet Based
Sponsor Surgent
NASBA ID#: 103212
Prerequisites Prereq. Experience in financial accounting and reporting
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

Not a member? Join the MNCPA to start saving on CPE and accessing members-only benefits.

Search CPE catalog

If you have questions about this event, please call us at 952-831-2707.