Skip to main content
 This program is not active.
Live Webcast Replay

ACCOUNTING’S PERFECT STORM 2014 Update: Four Issues That Might Change Financial Reporting As You Know It!


Total Credits: 4

Average Rating:
Not yet rated
Categories:
Accounting and Auditing |  ACPEN Industry Institute
Faculty:
William F. O’Brien, MBA, CPA
Duration:
3 Hours 50 Minutes
License:

Dates


Description

In the near future the world of professional accounting in the United States will change forever. While most financial managers and CPAs are aware of the incorporation of International Financial Reporting Standards into U.S. GAAP, many are not sensitive to the potential changes resulting from FASB's convergence project and the impact of proposed accounting standards for non-public companies from the FASB and the AICPA. These four elements-adoption, convergence and FASB and AICPA private company reporting-come together to form Accounting's Perfect Storm. The changing climate will mandate monumental changes in reporting, operations and financial systems. You cannot afford to miss this entertaining and interactive course.

Basic Course Information

Learning Objectives *The elements of the storm and their current status. *The impact of IFRS adoption. *The major convergence issues. *An overview of the elephant in the room—reformatted financial statements. *Exercise: Generating management's interest in the change in climate.
Major Subjects *Elements of the ?Perfect Storm? *Adoption Impact *Financial Reporting Models *Alternatives for Private Company Reporting

Course Materials

Faculty

William F. O’Brien, MBA, CPA's Profile

William F. O’Brien, MBA, CPA Related Seminars and Products


WILLIAM F. O’BRIEN, MBA, CPA, is a financial management consultant and educator with over 40 years of experience. He has held senior financial management positions with Intel Corporation and ROLM Corporation and served as CFO for several emerging high technology companies. Mr. O’Brien has extensive experience in corporate planning, financial analysis, cash management and managerial accounting in both domestic and international settings. He has served on the faculties of Santa Clara University and San Jose State University and is a frequent financial seminar speaker in both the U.S. and abroad. 


Additional Info

Basic Course Information

Advanced Preparation None
Course Developer William F. O?Brien
Designed For Anyone responsible for presenting or attesting regarding financial statements.
Original Recording Date 1/15/14
Prerequisites None

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Instructional Delivery Method Group Internet Based
Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Reviews