November 17, 2022


Webinar


4 Total CPE Credits

product-artwork-663462

Small-Business Financial Statements

Learning Objectives

  • Identify the special purpose and GAAP frameworks
  • Determine primary differences between the frameworks
  • Recognize situations in which the use of each framework might be useful
  • Identify the risks to a company and its independent accountants associated with each framework
  • Recognize ways that framework selection impacts financial statements, including disclosures, and impacts compilations and reviews

Major Topics

  • Special purpose frameworks vs. GAAP
  • AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs)
  • Cash and tax bases of accounting
  • Other Comprehensive Basis Of Accounting (OCBOA)
  • Revenue recognition
  • Accounting methods
  • Financial statements
  • Disclosures

CPE Credits Available

4
Total CPE
4
Accounting & Auditing

Things to Know About This Course

Prerequisites

None

Advanced Preparation

None

Intended Audience

Accountants, tax practitioners and financial professionals.

Provider

California Society of CPAs

This event has ended.