Learn the latest improper revenue recognition practices, how to conduct an effective fraud interview with management, those charged with governance and non-accounting / non-management personnel, and how to deal with possible management override of controls and how to properly identify of fraud risk factors.
What does it take to have a properly designed and effective quality control system that leads your CPA firm to receive a pass with no findings on your next AICPA peer review report or PCAOB Inspection? Find out how to prepare yourself for your next peer review or PCAOB inspection and see what you can do to create a strong quality control environment for your attest practice. Offering realistic and practical guidance, this CPE session will assist you on how to properly conduct an internal inspection of your attest practice in accordance with Professional Standards during the “off years” in between your next AICPA peer review and/or PCAOB inspection.
Public and private companies with stock, options, and restricted shares generally make equity-based, non-cash payments to employees and directors as part of their compensation. This course provides an accounting resource for companies making equity-based payments and illustrates the financial statement impact of equity-based payments. ASC 718, Compensation-Stock Compensation, provides accounting guidance for share-based payment transaction […]
Topic 606 has an impact on most U.S. GAAP financial statements either due to measurement and recognition changes from legacy U.S. GAAP and/or additional disclosure requirements compared to prior guidance. This four-hour morning program will overview the key provisions of the topic, identify and apply the new five-step revenue recognition model, describe the new disclosure […]
Private companies and other nonpublic reporting entities must soon adopt the new accounting standard for leases, FASB ASC Topic 842. This 4-hour afternoon program focuses on a lessee’s initial application of Topic 842 to existing leases, which will require the immediate attention of nearly every nonpublic reporting entity. In this practical, hands-on workshop, participants will […]
Highlights 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 […]