The CFO Series—Minding the GAAP

Description

This presentation focuses on four key roles that every financial leader shares—Staying abreast and aware of the myriad changes in GAAP accounting, the impact on the balance sheet, correctly financing the organization, and properly paying state and local taxes. We must be vigilant and current. Many seasoned executives do not properly analyze the lease-versus-buy decision. GAAP is ever-changing. What are the issues that will impact our balance sheet? The spotlight is to enhance our financial skills and accounting. Accounting is always moving forward, just as we should. Otherwise, we may be left behind. 

Required Knowledge: None

Advanced Preparation: None

Who Should Attend: * This seminar is ideal for financial leaders, financial managers, board members, CFOs, those who aspire to become a CFO, finance executives, accounting professionals, CPAs, controllers, accountants, advisors, and consultants * CPAs in public practice and CPAs in industry, and decision-makers seeking to enhance their financial acumen and excel as a leader in a world where accounting is changing

Objective

* This seminar will teach how to appreciate the paramount need for an excellent balance sheet and to emphasize the critical nature of using both a) practical analysis and b) common sense in our application and approach to balance sheet accounting * Learn how to determine the optimum mix of debt and equity as well as how to properly evaluate the decision to lease an asset and understand the complexity of balancing debt versus equity * Understand the need for GAAP accounting to continuously improve and grasp the need to be directly involved in strategic planning and its value * Recognize some of the numerous new methods that individual tax jurisdictions are employing to raise tax revenue and the impact on cross border (interstate) operations * Be aware of the changes in SALT taxation so your employer/clients can be in compliance.

Credit Types

Accounting: 4
Finance: 2
Taxes: 2