This course provides an update and review of the financial reporting frameworks commonly used by small- and medium-sized entities (SMEs); namely, the U.S. GAAP Financial Reporting Framework principles that apply to SMEs, the tax and cash special purpose frameworks, and the AICPA Financial Reporting Framework for SMEs. Troublesome areas in these financial reporting frameworks as identified in peer reviews and litigation will be highlighted.
Looking for live instruction and networking opportunities? Join us for the in-person option instead.
Prerequisites:
None
Advanced Preparation:
None
PRICING DETAILS
Register early to take advantage
of the best price! Please note, discounted pricing is already reflected in the
online price. No promo code is needed.
Through May 15: $320 MICPA Members /
$470 Non-Members
May 16 - May 29: $340 MICPA Members / $490
Non-Members
May 30 - June 12: $360 MICPA Members / $510
Non-Members
- Amendments to the U.S. Accounting Standards Codification (i.e. – U.S. GAAP) issued during the 18-month period prior to the program that impact SMEs
- Update and review of the tax and cash special purpose frameworks
- Update and review of the AICPA Financial Reporting Framework for SMEs
- Update on common errors and deficiencies as identified in peer reviews and in litigation
This course is designed for practitioners in private business and public accounting who need to update their knowledge of the accounting standards issued during the past year that affect the preparation of financial statements of small and medium-sized entities and who need to become aware of and learn how to handle common financial statement deficiencies.
- Accounting
- Auditing
- Walter J. Haig II
Member
Non-Member