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Financial Reporting Update for Tax Practitioners Webinar

CPE

When
Nov. 24
9:00 a.m. - 5:00 p.m.

CPE Credits
8-A&A

Details

 Pricing

PICPA Member: $259 | Nonmember: $359


 More Information

Course No.
AAUP-2021-01-WEBNR-328-01
Level
Update
Prerequisites
Experience in financial accounting and reporting
Note
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.

Description

Designed for all tax practitioners, including those who just prepare returns and those who assist on financial statement engagements, this course will replenish your accounting and reporting tank with an update of recent standard-setting activities at the FASB and AICPA. To start, the course will review the significant new financial accounting, auditing, and accounting services guidance issued over the past few years. The course will also focus on any unique income tax reporting (ASC 740) implications of recently issued accounting standards, such as revenue recognition (ASC 606) and leases (ASC 842) and those of COVID-19 stimulus and other tax-related legislation. The course will also discuss recently issued standards and review the recent activity of the AICPA with a focus on how the new standards will impact tax practitioners. Lastly, the course will dive into the unique income tax accounting considerations which arise from certain types of transactions, such as stock-based compensation, and review the presentation and disclosure requirements of ASC 740.

Highlights

  • ASC 740 considerations related to the CARES Act
  • 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


Speaker(s)

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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