November 1, 2019

In-Person

Johns Hopkins University - Montgomery

4 CPE

Hot Topics in Accounting and Financial Reporting (Accounting Update)

November 1, 2019
In-Person
4 CPE

Hot Topics in Accounting and Financial Reporting (Accounting Update)

  • Instructor

    Ray
    Thompson

This course will provide CPAs who work with closely held companies an up-to-the minute overview of the major challenges they are currently facing in their practice. Topic coverage will be selected by participants and will be updated to reflect the most important issues that are affecting practitioners today.

Learning Objectives

  • Understand how evolving cybersecurity threats impact financial reporting
  • Recognize new ways to detect fraudulent financial reporting
  • Understand the immediate and near medium term e impact of FASB projects involving revenue recognition, leases and financial instruments and how they will affect closely held companies
  • Become familiar with breaking issues affecting the profession

Major Topics

  • Lease accounting – challenges & practical answers
  • Revenue recognition – FASB principles and industry implementation strategies
  • Recent FASB standards – financial instruments, loan covenants, not-for-profits and the simplification initiative
  • Cybersecurity – accounting, regulatory and compliance responsibilities.
  • Detecting & preventing financial statement fraud: new tools and challenges

CPE Credits Available

4 CPE
2
Accounting
2
Auditing

Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • Accounting & Auditing

Prerequisites

Prior learning or experience in accounting and auditing

Advanced Preparation

None

Intended Audience

Accountants in public practice and business who need an update of recent professional developments.

Provider

Business Learning Institute

This event has ended.