Accounting, Audit, and Attest Update for Practitioners with Small-Business Clients (LIAA59)

Wednesday, June 28, 2017 | 8:30 AM - 4:00 PM (Registration at 8:00 AM) EST |

Instructor

Jeffrey Lieman

Description

Specifically tailored for practitioners who do not 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, compilation, and review 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 material in practice.

Objectives

  • Keep abreast of current private company standard setting activities of the PCC
  • Review recently issued accounting and non-audit attestation pronouncements
  • Understand the new SSARS No. 21 relating to the preparation of financial statements and new guidance on compilations and reviews
  • Be aware of other important guidance affecting small and medium-sized business practitioners

Cost

Early Bird Registration: $309 SCACPA Members (by 6/7/2017)
Standard Registration: $334 SCACPA Members, $434 Non-Members
Firm Discount: ($15)
Reciprocal Discount: ($100)
Bundle and Save Discount: ($20)

Major Topics

  • Private company standard setting activities
  • Small and medium-sized business related ASUs
  • Revenue recognition and leases update
  • Special purpose frameworks - Cash, modified cash, tax, and FRF for SMEsTM
  • Common small and medium-sized business financial statement errors and deficiencies
  • SSARS No. 21, Clarification and Recodification, including the new preparation of financial statements non-attest service
  • Other types of small and medium-sized business attest engagements - agreed-upon procedures, specified elements, financial forecasts and projections, and pro forma financial information
  • Comfort letters and other third-party verification
  • COSO's updated Internal Control-Integrated Framework
  • The AICPA's new Code of Professional Conduct

DETAILS

Course Code:
LIAA59

Credits:
4.00 Accounting, 4.00 Auditing

Field of Study:
Accounting, Auditing

Vendor:
Surgent McCoy CPE, LLC

Course Type:
Live Stream

Level:
Update

Prerequisite:
Experience in accounting and auditing

Advanced Preparation:
None

 

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