This session offers insight for tax practitioners beyond merely checking a box to satisfy accounting and auditing requirements for license renewal. We devote significant attention to extracting utility from financial statements to support decision needs of both external financial statement users and internal stakeholders.
DESIGNED FOR
CPAs in public practice or members in industry.
BENEFITS
After attending this presentation, you will be able to...
- Recall fundamental concepts regarding external financial reporting
- Identify potential financial reporting frameworks
- Recognize major differences and similarities among United States GAAP, tax-basis accounting, and other special-purpose frameworks
HIGHLIGHTS
The major topics that will be covered in this course include:
- The role of financial reporting for a myriad of users
- Fundamentals concepts
- Special Purpose Frameworks
- Financial statement analysis
- Cross-functional collaboration
PREREQUISITES
Basic working knowledge of financial statements.
ADVANCE PREPARATION
None