Many accountants desire to have a quick overview of only the most current issues in accounting and financial reporting. This course will provide an executive summary of the most important changes in U.S. GAAP. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation you will be able to...
- Discuss common financial statement disclosures for small- and medium-sized nonpublic entities
- Describe critical information useful to financial statement readers for making economic decisions
- Explain results of operations through information that supplements the face financial statements
Major Topics
The major topics that will be covered in this course include:
- Core principles of any Code of Professional Conduct applicable to all CPAs, including conflicts of interest, preparing and reporting information, competence, confidential information, and more
- The importance of maintaining independence for CPAs in public practice, especially when also performing nonattest services for the attest clientÂ
- Comparing and contrasting various ethical standards, including those promulgated by the AICPA, PCAOB, and international bodies