Thursday, July 26, 2018

AICPA'S Financial Framework for Small and Mid Sized Entities

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AICPA'S Financial Framework for Small and Mid Sized Entities
August
 
8
3 pm - 4:40 pm ET
Presenter: Candace Leuck, President of Athena Finance Group
Credits: CPE (Credit Details)
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Course Description
 
The AICPA has recently developed an accrual basis framework of accounting to provide new guidance to accountants and other financial professionals who deal with privately held entities. Professionals who wish to reduce cost and reporting burden of reporting under GAAP will need to understand the new framework. This webinar provides an overview of the new framework along with tips on convincing external users of the financial statements of the advantages of adopting the new framework. Upon completion of the course, you'll be able to:
  • Explore the history of why and how the financial reporting framework was developed
  • Identify the impact on both internal and external users
  • Discover the cost and reporting benefits of making a change
  • Identify the structure, similarities and differences of the new framework when compared to GAAP
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The Presenter
About The Presenter
 
Candace Leuck, CPA, is the President of Athena Finance Group and a member of the AICPA. Ms. Leuck is also a lecturer at Clemson University's School of Accountancy and Legal Studies. Ms. Leuck earned her Master of Professional Accountancy (Audit Emphasis) from Clemson University.
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