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Webcast: Reformatted Financial Statements 2015: Is the Endgame in Sight? (CARFS16)
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The form and content of primary financial statements are likely to change as a result of the FASB and IASB convergence. This reformatting of basic financial statements will generate significant measurement and system modifications. To effectively address these changes, CPAs and financial professionals will need to be re-educated on financial statement preparation and analysis. Get ahead of the curve and begin to plan for reformatted financial statements.

2/5/2016
When: 02/05/2016
8:30 AM until 4:00 PM
Where: Webcast
Louisiana
United States
Presenter: William F. O'Brien, CPA, MBA


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Registration Fees
Members $275
Non-Members $375

CPE: 8 hours
Level: Intermediate
Vendor: CalCPA
Category: Accounting & Auditing
Prerequisites: Knowledge of financial reporting.
Advanced prep: None

Who should attend: CPAs and financial professionals.

The form and content of primary financial statements are likely to change as a result of the FASB and IASB convergence. This reformatting of basic financial statements will generate significant measurement and system modifications. To effectively address these changes, CPAs and financial professionals will need to be re-educated on financial statement preparation and analysis. Get ahead of the curve and begin to plan for reformatted financial statements.

Objectives

  • Recall the evolution of the convergence process.
  • Recognize updates on the status of the adoption, SME and RFS projects.
  • Identify in detail the content of proposed and reformatted financial statements.
  • Recognize how the RFS project is a business model transformation.
  • Identify tools to create your own RFS roadmap for action.


Major Topics
  • Status of financial reporting changes
  • Content review of proposed financial statement changes
  • Impact of RFS on business operations
  • Planning an implementation timetable


 

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