Bill & Ray’s Accounting Standards Update for Closely Held Companies

Description

Understand how the business and financial reporting environments have been reshaped by the pandemic. Learn about financial reporting risks for closely-held companies as they recover from disruption. Financial reporting risks for closely-held companies as they recover from disruption, and engage with inflation, supply chain disruption the economic slowdowns. Become familiar with going concern reporting and how SSARS 25 changes engagements. Receive an update on current and proposed developments at the FASB, PCAOB, and ASB.

Major Topics
  • FASB overview, including recent postponements and pronouncements
  • Accounting for going concern, impairment, and inventory write-downs
  • Loan modifications and forgiveness, debt restructuring, and covenant compliance
  • Lease accounting: Implementation is here
  • Credit losses and CECL: Where are we?
  • Financial statement fraud risks in recovery
  • SSARS 25: New standards in preparation, compilation, and review
  • Auditing standard updates in the pipeline
Provider
Maryland Association of CPAs
Course Level
Update
Professional Area of Focus
Accounting & Auditing
Accounting and Auditing
CPE Field of Study
Accounting
4
Auditing
4
Instructor(s)
Ray Thompson
Prerequisites

None

Advanced Preparation

None

Location
 
MACPA Towson Center
901 Dulaney Valley Rd
Towson, MD 21204 US
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Event Information
When
Oct 20, 2022
8:00 am - 3:30 pm EDT
Location
MACPA Towson Center
901 Dulaney Valley Rd
Towson, MD 21204 US
Total CPE Credits
8
Format
In-Person + Live Stream

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$295.00

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$395.00
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Bill & Ray’s Accounting Standards Update for Closely Held Companies


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