Recent developments in accounting, auditing, and financial reporting, including implementation issues, are covered in this 2016 Accounting and Auditing Clinic.
Strong emphasis is placed on the practical application of selected newly issued and/or effective authoritative pronouncements affecting practitioners who perform or supervise compilation, review, and/or audit engagements for small and middle-market, privately held businesses. The session is designed for a high level of interaction between the instructor and participants.
CONTENT SUMMARY
The State of the Profession Report
FASB/IASB Convergence Project Status Report
AICPA 6-Point Plan Progress Report
Truth or Consequences: Evolution of Peer Review
Educating Clients and Bankers – An Initiative to Consider
Private Company Financial Reporting
Private Company Council Activities
FAF Changes to Operating Procedures to Enhance Influence
Effective Date and Transition Guidance
Applying VIE Guidance to Entities Under Common Control
Accounting Standards Codification® Amendments
Codification Pending Content Filtering Tutorial
Debt Issue Costs: Implementation Tutorial
Definition of a Business
Prepaid Stored-Value Cards
Countdown Projects-Implementation Planning Considerations
Revenue from Contracts with Customers
Leases
Financial Instruments
Going Concern
Share-Based Payment Improvements
FASB Simplification Initiatives
Compilation and Review Developments
Preparation/Compilation: Prospective and Pro Forma Information
Audit and Assurance Services
Status Report: Auditing Standards Board Activities
Status of SSAE 18 – Redrafted Attestation Standards
Changes to Published Audit Methodology
Behavioral Ethics
Hot Topics and Breaking Developments
NOTE: Topics, duration, and the allocation of CPE credits between fields of study are subject to change to accommodate late-breaking developments and firm-specific
[audience-specific] needs. Each state board of accountancy has the final authority on the acceptance of ethics-related content for credit.
The clinic is taught by Ralph Nach and includes 8.0 CPE credits (6.5 for Accounting and 0.5 for Auditing, and 1.0 for Professional Ethics).
Contact Epstein + Nach LLC
Ralph Nach, CPA
Principal
+1 (847) 372-6805
rnach@ene.llc
Click on the link to download a course description for the 2016 Accounting and Auditing Clinic.