Live Stream: Accounting, Audit and Attest Update for Practitioners With Small-Business Clients
118 | Livestream | Update | Scheduled
Description
Specifically tailored for practitioners who not only perform audits but provide other attest and non-attest services to small- and medium-sized businesses, this course is a comprehensive update covering recently issued accounting, auditing, and SSARS standards, as well as other professional guidance impacting small- and medium-sized business accountants. The course uses practical examples and illustrations to help you understand and apply the new guidance.
Through a detailed review of lease accounting guidance (ASC 842), common special purpose frameworks, new guidance related to audits and SSARS engagements, and the fully implemented credit loss standard (ASC 326, CECL), this course will get you up to speed on the things that are most important to your smaller and medium-sized clients.
Credits
Number of Credits | Type of Credits |
---|---|
2.00 | Auditing |
6.00 | Accounting |
Designed For
Practitioners at all levels who provide non-audit and non-attest services to small- and medium-sized businesses desiring to remain up to date on recent pronouncements and other standard-setter activities and professional guidance
Prerequisites
Experience in accounting and auditing
Highlights
- Private company standard-setting activities
- Small- and medium-sized business-related ASUs
- Lease accounting update
- Special purpose frameworks - cash, modified cash, and tax basis
- Common small- and medium-sized business financial statement errors and deficiencies
- Newly issued SSARS and SSAE standards
- SASs effective for year-end audits
Objectives
- Keep abreast of current private company standard-setting activities of the PCC
- Review recently issued accounting and non-audit attestation pronouncements and hot topics
- Identify key accounting implications related to new ASUs and ASC Topics 842 and 326
- Understand new guidance applicable to auditing, SSARS and attest engagements
- Be aware of other important guidance affecting small- and medium-sized business practitioners
Prices
- Member (Early Bird)
- $309.00
- Non-Member (Early Bird)
- $429.00
- Member
- $309.00
- Non-Member
- $429.00
Instructors
Thomas M. Sheets, CPA
Tom Sheets is a certified public accountant with over 40 years' experience in auditing, accounting, and tax return preparation for businesses and individuals. He established his own consulting, tax, and accounting practice 25 years ago in Enid, Oklahoma. He provides consulting, auditing, and tax planning and preparation services for a wide variety of individual clients and industries.
Mr. Sheets started with a Big Eight accounting firm in Tulsa, Oklahoma, and then was with a large local CPA firm in Enid, Oklahoma, for 15 years. He has written and led seminars for leading providers of CPE for over 35 years on various topics including real estate accounting, construction accounting and tax, fraud in small businesses, tax issues for nonprofit organizations, preparation, compilation and review engagements, special purpose framework financial statements, and accounting and auditing updates.
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