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FASB/SAS Update

When
Sept. 27
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.
134501
Level
Update
Prerequisites
None

Description

Understand how to implement the new revenue recognition standard based on the experience of early adopters. Assess the impact of the new lease accounting rules. Become familiar with recently issued standards involving debt covenants and waivers, not-for-profit reporting, and cash flow and debt classification

Highlights

  • Auditing standards update: Service auditor reports, going concern
  • Current and proposed standards involving EITF, FASB, PCAOB, ASB, and IASB
  • Privacy: The CPA’s responsibilities
  • SSARS 21-24: Practice issues in preparation, compilation, and review engagements
  • Tax reporting consequences of leasing and revenue standards


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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