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Financial Reporting Update for Tax Practitioners Webinar


Aug. 26
9:00 a.m. - 5:00 p.m.

CPE Credits



PICPA Member: $259 | Nonmember: $359

 More Information

Course No.
Experience in financial accounting and reporting
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.


Designed for all tax practitioners, including those who prepare tax basis financial statements for their clients, this course will replenish your accounting and reporting tank with an update of recent standard setting activities at the FASB and AICPA. The course will focus on recently issued updates by the FASB, including the new revenue recognition, lease, and financial instruments and other significant new accounting standards, with a focus on how these new Updates will impact income tax accounting. We’ll also review lessons learned from the adoption of Topic 606, focus on maintenance efforts in following the new revenue guidance, including the continuing income tax effects of the new standard. The course will also discuss recently issued standards from the AICPA. The course will also review recent FASB updates that impact income tax accounting for stock-based compensation and the presentation of deferred taxes on the balance sheet, as well as review the format of tax basis financial statements and provide an update on recently issued and proposed FASB changes to income tax accounting and disclosures. Lastly, the course will review recent activities of other standard setters, with a focus on how the new guidance will impact tax practitioners. For tax practitioners, this is the one place to go in order to get up to date on what is going on in the world of financial reporting. We will also review the recent activity of the AICPA, which would impact tax practitioners. The course will focus on any changes to common book-tax temporary differences which will result from applying this new guidance and will utilize plenty of hands-on examples and illustrations to increase your overall understanding and application of the material. For tax practitioners, this is the one place to go in order to get up-to-date on what is going on in the world of financial reporting.


  • Recent standard setting and consulting activities at the FASB
  • Proposed updates to income tax accounting and financial statement disclosures
  • Tax basis financial statements
  • Recently issued Statements on Auditing Standards and other audit related hot topics
  • SSARS No. 21, Clarification and Recodification, and other recently issued and proposed SSARS


Richard Daisley, CPA


Rich is a CPA and has over 25 years of experience in the accounting and auditing field. He has worked in both the client service setting as well as in internal capacities as a facilitator of accounting and auditing courses.  He was an assurance manager with PwC, spending time in both the assurance practice as well as with PwC’s Capital Markets and Accounting Advisory Services group, where he advised clients on the implementation of new accounting pronouncements as well as on issues related to public offerings. Rich also worked in PECO Energy’s Merger and Acquisition group, where he performed financial due diligence that supported PECO’s acquisition activity in the energy sector. He has experience in the manufacturing, health care, energy, and pharmaceutical industries.


Prior to joining Surgent, Rich also has more than 10 years of experience as a course developer and facilitator, creating and leading training courses on such topics as revenue recognition, stock based compensation, equity instruments and performing integrated audits under the Sarbanes-Oxley legislation. He also designed and delivered courses on instructor development and facilitation skills to senior PwC internal course instructors. 


In 2015 he joined Surgent as Director, Accounting & Financial Reporting Content. In this role, he researches and develops the technical content for Surgent’s Accounting and Financial Reporting curriculum.


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