22WX-2651: Walter Haig's GAAP for SMEs, Tax & Cash Frameworks Update (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Thursday, December 22, 2022
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 event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Amendments to the U.S. Accounting Standards Codification (i.e. - U.S. GAAP) issued during the 18-month period prior to the program that impact SMEs
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
Identify common mistakes in the preparation of financial statements for small- and medium-sized entities
Indicate common measurement principle departures in financial statements for small- and medium-sized entities
Recall common footnote disclosures in small- and medium-sized entities
Recognize the new lease accounting standard implementation issues
Who should take this program?
This course is designed for practitioners in private business and public accounting who need to update their knowledge of the accounting standards issued during the past year that affect the preparation of financial statements of small and medium-sized e
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