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Understanding the High-Stakes Mega Issues in A&A Today

1:00 pm–4:45 pm ET

# of CPE Credits

4

Description

With so much of significance going on currently in the world of A&A today, you need to be able to make sense of the key drivers of our profession. In this course, we will review the key aspects of the events that are impacting practitioners and financial statement preparers alike. Specifically, because technology is rapidly transforming our profession, we’ll review current trend and risks related to technology. Next, while many COVID-19 accounting considerations have passed, the issue of going concern is likely to last for the next several accounting periods. We’ll review the disclosure and reporting issues related to this complex topic. With the private company implementation date for ASC 842 now here, we’ll review the new lease accounting guidance. Then, we’ll wrap up the course with a discussion of peer review findings and engagement quality initiatives.

Objective

Understand and apply the FASB’s new revenue recognition standard, Topic 606 Review the FASB’s new lease accounting guidance, ASU No. 2016-02 Recall the relevant accounting guidance related to financial and non-financial asset impairment Identify the appropriate accounting model to account for the restructuring of debt and other borrowing agreements

Highlights

Accounting and operational impacts of adopting Topic 606 Accounting and operational impacts of adopting ASU No. 2016-02 Impairment of both financial and non-financial assets Accounting for debt restructurings

Who Should Attend

Practicing CPAs and their staffs, both in public accounting and business and industry — controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review

Required Knowledge

Experience in financial accounting and reporting

Advanced Prep

None

Event Speaker(s)

Joann Cross ( The Association of International Certified Professional Accountants, Lewisville, TX ),

Additional Event Information

Technical Support
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.

If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected] .

*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via email 30 minutes prior to the start of a live online program.

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Event Vendor:Surgent McCoy CPE, LLC
Field of Study:Personnel/Human Resources
Level: Intermediate

Event Type:Webcast
NASBA Instructional Method:Group Internet Based
Event Code:W0004422

Registration Fees

RegistrationEarly BirdRegular
NCACPA MemberN/A$145.00
Non-MemberN/A$195.00
CPE Sponsors LogoThe North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.

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