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Webcast: Private Company Accounting: New Challenges, New Directions (CAPCA15)
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The convergence process is winding down, FASB and the IASB have issued new revenue recognition standards and lease accounting changes will soon follow. These changes will impact public and private companies. Whether or not IFRS becomes the basis for U.S. accounting standards, the convergence and private company accounting changes impact activities well beyond financial reporting. Understand how FASB's convergence project and private company reporting can affect your company.

12/4/2015
When: 12/04/2015
8:30 AM until 4:00 PM
Where: Webcast
Louisiana
United States
Presenter: William F. O'Brien, CPA, MBA


Online registration is closed.
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Registration Fees
Members $275
Non-Members $375

CPE: 8 hours
Level: Intermediate
Vendor: CalCPA
Category: Accounting & Auditing
Prerequisites: Five or more years of experience.
Advanced prep: None

Who should attend: CFOs, controllers and managers involved with financial reporting.

The convergence process is winding down, FASB and the IASB have issued new revenue recognition standards and lease accounting changes will soon follow. These changes will impact public and private companies. Whether or not IFRS becomes the basis for U.S. accounting standards, the convergence and private company accounting changes impact activities well beyond financial reporting. Understand how FASB's convergence project and private company reporting can affect your company.

Objectives

  • Recognize how FASB's convergence project and private company reporting will impact you and your company.
  • Determine 10 actionable items to help you and the businesses you advise for unpredictable time ahead.
  • Identify the major convergence elements.
  • Determine upcoming changes to your basic financial statement presentation.
  • Identify critical operations issues.

 



Major Topics

 

Major convergence elements: revenue recognition, lease accounting, financial instruments reporting, other comprehensive income presentation

How convergence will change financial statement presentation

 

Reporting alternatives for private companies

 

Critical operations issues driven by comprehensive changes

 

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