For many small businesses, the standards issued by the FASB may have little to no effect as they impact topics that do not reflect the type of transactions that these entities most frequently experience. This class will focus on the Accounting Standards Updates (ASUs) that are most likely to impact small businesses with a focus on ASUs initiated by the Private Company Council (PCC). We'll then look at alternative reporting options to GAAP including FRF for SMEs and IFRS for SMEs for entities who don't necessarily need to prepare GAAP financial statements but want to use accrual accounting. Finally, we will transition to audit standards that small business auditors will need to implement.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Prior experience with GAAS & GAAP
After attending this presentation, you will be able to...
The major topics that will be covered in this course include:
Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.
WX50897
Registration is open through 12/11.
9:00am to 1:00pm
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December 9, 2024
