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21WX-1363: Financial Reporting Frameworks for SMEs Update and Review (Webinar)

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

Tuesday, August 24, 2021
8:00am - 4:00pm Central Time
8 CPE (8 technical)

This course provides an update of the recent changes that have occurred in the financial reporting frameworks commonly used by small- and medium-sized entities (SMEs). Troublesome areas in these financial reporting frameworks as identified in peer reviews and litigation will be highlighted. This course also addresses COVID-19 issues including practical guidance in accounting for PPP loan programs. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major subjects

  • The major topics that will be covered in this class include:
  • Amendments to the U.S. Accounting Standards Codification (i.e. – U.S. GAAP) issued during the 18-month period prior to the program 
  • Update and review of the tax and cash special purpose frameworks 
  • Update and review of the AICPA Financial Reporting Framework for SMEs 
  • Update on common errors and deficiencies as identified in peer reviews and in litigation 
  • Detailed analysis of the lease accounting standard 
  • Practical guidance in accounting for COVID-19 issues including the accounting for PPP loan programs

Learning objective(s)

  • Gain updated knowledge of the accounting standards issues during the past year
  • Know how updates affect the preparation of financial statements of small and medium-sized entities 
  • Know how to handle common financial statement deficiencies

Who should take this program?

CPAs, EAs, or other tax professionals

Fees

Our records indicate you are a nonmember. If you register, you will be charged $229.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $229.00
checkmark Standard Nonmember Fee $229.00

More program information

Instructor Walter Haig
Location Online
Area
of study
Accounting & audit
Field(s)
of study
Auditing - Technical (4.0)
Accounting - Technical (4.0)
Level Intermediate
Format Group Internet Based
Sponsor CPA Crossings, LLC
NASBA ID#: 108744
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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