Dr. Ray's Accounting Standards Review for Controllers and Finance Professionals

When
April 23
8:00 a.m. - 4:00 p.m.

Where
Penn State Great Valley - Main Bldg
Malvern - Map it

CPE Credits
8-A&A

Details

 Pricing

PICPA Member: $249 | Nonmember: $349

CLE Credit Add-On: $50


 More Information

Course No.
612004
Level
Update
Prerequisites
None

Description

 

Review current accounting standards that affect practitioners in industry, including recent and upcoming auditing pronouncements and related developments. Understand the reporting options provided by FASB and AICPA for nonpublic companies. Understand how the SEC, AcSEC, EITF, ASB, and IASB are adapting to demands for different, timelier financial information.

Highlights

  • Overview of accounting standards setting
  • Update on private company reporting
  • Revenue recognition: Transitioning to the new standard
  • Lease accounting
  • Cash flow reporting
  • Financial instrument accounting
  • Fair value accounting
  • A practical guide to impairment
  • Contingencies and subsequent events
  • Principles-based accounting
  • Fraud and related parties
  • Internal control reporting in public and nonpublic entities
  • Topics will be customized to the interests of the attendees


Speaker(s)

Dr. Ray Thompson, CMA, CFM, CBA

Dr. Ray Thompson is Emeritus Associate Professor of Accounting & Finance at the University of Pittsburgh. He served as department head at the UPJ campus for over 25 years. He was also Associate Director of UPJ’s Entrepreneurial Development Assistance Project, where he was involved in financial consulting and assisting in preparing loan proposals for small business start-ups.

He has taught in graduate and undergraduate business programs in Europe, Africa and the US. He received his B.S. and M.S. degrees in Economics and Systems Dynamics from the University of Bradford in the United Kingdom, his M.B.A. in Accounting from Xavier University of Ohio, and his Doctor of Business Administration from Nova University. Ray is also certified in Financial Management and is a Certified Management Accountant and Certified Business Appraiser. He recently became certified in International Financial Reporting Standards though the Institute of Chartered Accountants in England and Wales.

Ray is a professional educator and writer. He authors and conducts professional development seminars for Fortune 500 and international corporations, multinational financial institutions, State CPA Societies, and CPA firms throughout the US. In addition to these live seminars, he also produces both recorded and written courses for self study. He also provides business valuation services and consults with accounting firms and sole practitioners on a range of accounting issues in the area of valuation. Ray was part of the George & Ray team which offered Accounting & Auditing courses for over 20 years.

Ray is a member of the Institute of Management Accountants and the Institute of Business Appraisers. He is also a faculty associate member of AICPA and PICPA, and is a member of the Financial Reporting Faculty of ICAEW. He lives in Bedford County, PA, and can be reached at (814) 839-0143 by phone or at drrayt@verizon.net.


 


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