Speaking Events

Collemi Consulting & Advisory Services, LLC believes in the importance of actively participating in the profession and staying ahead of current trends and issues that impact those involved in U.S. and international financial reporting and auditing.  Salvatore A. Collemi, CPA is regarded as an industry leader and subject matter expert by various organizations and media outlets.

Mr. Collemi is a dynamic and engaging speaker, facilitator and educator. Whether you need him to serve as an opening keynote speaker to set the tone for a conference or trade show or provide expertise on a panel or break-out session, he is accustomed to speaking on a wide range of timely and relevant technical U.S. and International accounting, auditing, quality control, independence and ethics topics. He can work with conference organizers and CPE sponsoring organizations to customize any topic to meet attendees’ educational needs.

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October 20, 2020 @ 1:00 pm



  • CPE Credits: 2.0 hours
  • Course Level: Intermediate

The revised effective date for private companies’ adoption of the new leasing standard (ASC Topic 842, Leases) is now January 1, 2022! Question: Will you be prepared to properly audit such transactions?

This session is designed to provide external auditors with practical and insightful perspectives on how to audit transactions under the Financial Accounting Standards Board’s (FASB) new leasing standard. You’ll learn the new accounting and financial reporting requirements and how to substantively and analytically test them in accordance with Professional Standards.

Who is the course designed for: Practitioners in public practice who conduct audits of privately-held organizations who have adopted ASC Topic 842.

Topics Covered:

  • Learning about ASC Topic 842, Leases, particularly the FASB’s new take on how operating leases will now be recognized on the balance sheet as well as the new presentation, disclosure requirements, practical application, and how to properly audit them.

Learning Objectives:

  • Explain the FASB’s new leasing standard requirements
  • Describe and discuss the new accounting and reporting requirements of leases
  • Discuss which audit procedures to perform
  • How to properly audit the transition requirements and initial adoption of the new standard


October 20, 2020
1:00 pm
Event Tags:
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Group Internet Based
NJ United States



For information on booking Salvatore A. Collemi, CPA as a special guest speaker for your next event, contact us today.