Webcast: Update on PCC's Activities and the Simplification Initiative (XCPCCA17)
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Stay current on Private Company Council (PCC) activities and its work as well as FASB's Simplification Initiative. The PCC is the primary, nonpublic board advising the FASB on private company matters to consider in deliberating their technical agenda.

8/18/2017
When: 08/18/2017
2:00 PM until 5:00 PM
Where: Webcast
CALCPA
4173046A
United States
Presenter: Bobbe Barnes


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Acronym XCPCCA17
CPE 3 hours
Vendor CalCPA
Category
Accounting & Auditing
Level Overview
Prerequisite None
Adv Prep None
Yellow Book? No
Designed for CPAs with nonpublic entities clients or working in nonpublic entities, auditors, consultants and financial professionals.
Registration
Member $90
CPA Non-Member $140

The Member rate applies to LCPA members, other state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Course Description

Stay current on Private Company Council (PCC) activities and its work as well as FASB's Simplification Initiative. The PCC is the primary, nonpublic board advising the FASB on private company matters to consider in deliberating their technical agenda.

Note: This course will not cover the AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities.

Formerly titled: PCC Activities, Including Framework, ASU Updates, Simplification Initiative

Materials are provided as an ebook for this course.

Objectives

  • Recognize the role and workplan agenda of the Private Company Council.
  • Examine the Private Company Decision-Making Framework.
  • Discover the ASUs issued as a consensus of the PCC.
  • Discover the ASUs issued as part of the FASB's Simplification Initiative to reduce complexity in accounting standards.
  • Identify current ASUs and exposure drafts outstanding as part of either PCC or the Simplification Initiative.

Major Topics

  • Private Company Decision-Making Framework
  • Accounting Standards Updates that are a result of either PCC's input or FASB's Simplification Initiative