Accounting's Perfect Storm: A Moving Target!
Live Webcast Replay

Accounting's Perfect Storm: A Moving Target!


Total Credits: 4 including 4 Accounting - Technical

Average Rating:
  4.3   (0 comments)
Category:
ACPEN Industry Institute |  Accounting and Auditing
Faculty :
William F. O’Brien, MBA, CPA
Course Levels:
Intermediate
Duration:
4 Hours
License:
Access for 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.

Description

The world of professional accounting in the United States is changing forever.  While most financial managers and CPAs are aware of the potential incorporation of International Financial Reporting Standards into U.S. GAAP, many are not sensitive to the potential changes resulting from FASB’s convergence project and the impact of changes in accounting standards for non-public companies from the FASB and the AICPA.

 

These three elements—adoption, convergence and FASB and AICPA private company reporting—come together to form Accounting’s Perfect Storm.  The changing climate will mandate monumental changes in reporting, operations and financial systems.  You cannot afford to miss this entertaining and interactive course.

Basic Course Information

Learning Objectives *Explore the elements of the Perfect Storm *Develop an appreciation for the adoption impact *Learn how the convergence project will change your basic financial reporting model *Discover the potential alternatives for private company reporting *Identify the critical operations issues driven by the storm *Identify 10 action items for you to take today as you prepare for the stormy weather
Major Subjects

*The elements of the storm and their current status

*The impact of IFRS adoption

*The major convergence issues

*An overview of the elephant in the room—reformatted financial statements

*Exercise: Generating management’s interest in the change in climate

*Alternatives for private company reporting

*Exercise: Selecting the right basis of accounting for your company or client 

*10 business issues driven by the storm

*10 action items for you to take today in preparation for the storm

*Exercise: Preparing key stakeholders for the storm


Course Materials

Faculty

William F. O’Brien, MBA, CPA Related seminars and products: 4


WILLIAM F. O’BRIEN, MBA, CPA, is a financial management consultant and educator with over 40 years of experience. He has held senior financial management positions with Intel Corporation and ROLM Corporation and served as CFO for several emerging high technology companies. Mr. O’Brien has extensive experience in corporate planning, financial analysis, cash management and managerial accounting in both domestic and international settings. He has served on the faculties of Santa Clara University and San Jose State University and is a frequent financial seminar speaker in both the U.S. and abroad. 


Dates

Thu, Jun 07, 2018 - 07:00p to 11:00p CDT
Fri, Jun 22, 2018 - 01:00p to 05:00p CDT
Tue, Jul 10, 2018 - 03:00p to 07:00p CDT
Sat, Jul 14, 2018 - 08:00a to 12:00p CDT
Wed, Aug 01, 2018 - 01:00p to 05:00p CDT
Sat, Aug 18, 2018 - 08:00a to 12:00p CDT
Fri, Sep 07, 2018 - 09:00a to 01:00p CDT
Wed, Sep 19, 2018 - 09:00a to 01:00p CDT
Wed, Oct 10, 2018 - 01:00p to 05:00p CDT
Tue, Oct 30, 2018 - 03:00p to 07:00p CDT
Sat, Nov 10, 2018 - 08:00a to 12:00p CST
Wed, Nov 28, 2018 - 08:00a to 12:00p CST
Thu, Dec 06, 2018 - 12:00p to 04:00p CST
Sat, Dec 29, 2018 - 12:00p to 04:00p CST

Additional Info

Basic Course Information

Prerequisites

Knowledge of current events in the financial reporting field.


Advanced Preparation

None


Designed For

CPAs in practice and Members in Industry


Original Recording Date

05/04/2017


Course Developer

Bill O'Brien


Date Added to Catalog

04/24/2017


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints.  anne.taylor@acpen.com(972-377-8199).


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Promo Video

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Overall:     4.3

Total Reviews: 29

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