AICPA'S Financial Reporting Framework for Small and Medium Size Entities
Instructor:
Candace Leuck
Product ID: 705141
- Duration: 90 Min
Why Should You Attend:
This webinar will discuss the new framework guidance developed by the AICPA for privately held entities as well as discuss when and why this framework can save time and resources in the accounting process. This discussion leads to an understanding of when it is desirable and acceptable to make a change from GAAP to the accrual basis accounting method developed by the AICPA. The program will give an overview of the new method as well as tips on convincing external users of the financial statements of the advantages of making a change.
Areas Covered in the Webinar:
- Explore the history of why and how the financial reporting framework came to be developed
- Identify the impact on both internal and external users
- Discover the cost and reporting benefits of making a change
- Explore the structure along with similarities and differences with GAAP
Who Will Benefit:
- Business Owners
- Chief Financial Officers
- Compliance Managers and Officers
- Risk Managers and Officers
- Controllers
- Retail Businesses Owners
- Lenders and Investors
- Accountants
- Finance Attorney
- Auditors
- Internal Control Professionals
- CPAs, financial professionals, executives of small and medium size entities in all industries
Candace Leuck
Owner, Athena Finance Group Inc
Candace Leuck, CPA, is the president of Athena Finance Group, where she specializes in strategic planning, distressed entity recovery, valuations, and educational programs. Before that, Ms. Leuck worked as a manager at Ernst & Young and taught courses at Clemson University’s School of Accountancy and Legal Studies, Furman University, and The University of North Carolina at Greensboro. Ms. Leuck earned her Master of Professional Accountancy (audit emphasis) from Clemson University.
More Training By Experts
- Compilation and Review Update - New Formats, SSARS21
- Best Practices Processes for Travel and Entertainment Expenses - IRS Tax Codes, Audit Tips and Documentation
- Preparing and Reporting on Personal Financial Statements
- Litigation and Bankruptcy : How Accountants Can Help Clients Minimize Attorney Fees
- GAAP and SSARS: Monthly Accounting and Auditing Update
Refund Policy
Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
