Events Search
  Summary & Check Out (0)
Monday, December 5, 2022 Live Webcast

Financial Reporting Update for Tax Practitioners (E2212101)

9:00 AM - 4:30 PM EST

Registration: 8:30 AM EST

webcast

Vendor Platform

8.0 CPE Credits in AA

OVERVIEW

Designed for all tax practitioners, including those who just prepare returns and those who assist on financial statement engagements, this course will replenish your accounting and reporting tank with an update of recent standard-setting activities at the FASB and AICPA. To start, the course will review the significant new financial accounting, auditing, and accounting services guidance issued over the past few years. The course will also focus on any unique income tax reporting (ASC 740) implications of recently issued accounting standards, such as revenue recognition (ASC 606) and leases (ASC 842) and those of COVID-19 stimulus and other tax-related legislation. The course will also discuss recently issued standards and review the recent activity of the AICPA with a focus on how the new standards will impact tax practitioners. Lastly, the course will dive into the unique income tax accounting considerations which arise from certain types of transactions, such as stock-based compensation, and review the presentation and disclosure requirements of ASC 740.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

All tax practitioners desiring to remain up-to-date on recent accounting, reporting, and compilation and review activities

BENEFITS

  • ASC 740 considerations related to the CARES Act
  • Recent standard setting and consulting activities at the FASB
  • Proposed updates to income tax accounting and financial statement disclosures
  • Tax-basis financial statements
  • Recently issued Statements on Auditing Standards and other audit related hot topics
  • SSARS No. 21, Clarification and Recodification, and other recently issued and proposed SSARS

HIGHLIGHTS

  • Come up-to-speed on recent standard setting activities at the FASB and the AICPA
  • Determine the income tax accounting impact of recently issued and proposed FASB ASUs
  • Be aware of auditing trends on the radar
  • Understand and apply the SSARS No. 21, Clarification and Recodification, relating to the preparation of financial statements and new guidance on compilations and reviews

COURSE LEVEL

Update

PREREQUISITES

Experience in financial accounting and reporting

ADVANCE PREPARATION

None

INSTRUCTOR

Kenneth Levine

Kenneth L. Levine

Ken spent his 40+-year career in public accounting, including the last five years as an Assurance Partner with BDO USA, LLP, following the merger of SS&G, Inc., a large regional firm, with BDO in 2015. Prior to joining SS&G, Inc. in 2001, Ken was a partner with a large local firm and a Senior Manager with Ernst & Young. Ken’s experience includes providing assurance, tax, and business consulting services to privately owned businesses. His industry experience includes manufacturing and distribution; technology-based businesses; service businesses; private equity and venture capital funds; and audits of employee benefit plans, including plans requiring SEC Form 11-K filings. Ken is a magna cum laude graduate of Miami (Ohio) University with a BS in Business and a major in Accountancy. Ken passed the May 1978 CPA exam with the highest score in the State of Ohio and one of the top 50 scores in the United States. Ken is also a board member and treasurer of several not-for-profit organizations.

PRICING

$289.00 - Member

$439.00 - Nonmember

Register Today


Note: Online pre-registration will close on December 5 at 8:30 AM.

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

COURSE DEVELOPER

Surgent