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Private Company Reporting Options: More Changes Ahead (4152296C)
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"With the use of new GAAP for private companies in the early implementation stages, we can expect approval of IFRS for public companies and the potential revision of financial statement presentation for all companies sometime beyond 2016. Gain critical insight into the future of private company reporting and the choices that must be made regarding available reporting options. All CPAs, practitioners, members in industry and educators need to be aware of these critical and pending events that w

10/30/2015
When: 10/30/2015
9:30 AM - 5:00 PM
Where: Webcast/Webinar
Presenter: William F. O'Brien, CPA, MBA
Contact: April Deneault
801-834-6634


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With the use of new GAAP for private companies in the early implementation stages, we can expect approval of IFRS for public companies and the potential revision of financial statement presentation for all companies sometime beyond 2016.
Gain critical insight into the future of private company reporting and the choices that must be made regarding available reporting options.
All CPAs, practitioners, members in industry and educators need to be aware of these critical and pending events that will dramatically shift the accounting environment, as the immediate areas of concern extend beyond simple accounting changes.
Formerly titled: Financial Reporting for Private Companies and SMEs: The Approaching Perfect Storm!



Objectives:



Upon completion of this course, participants will be able to identify:

    IASB's structure;
    the major differences between IFRS for SMEs and U.S. GAAP; and
    the current proposal for private company reporting in the United States.

       

        
   

Major Subjects:




    History of private company accounting in the U.S.
    U.S. GAAP proposals for private companies
    Differences between IFRS for SMEs and U.S. GAAP
    Financial reporting decisions for nonpublic companies
    Business issues impacted by these pending changes

 
 
           

Designed For: CPAs, practitioners, industry financial professionals and educators.

Prerequisite:  Knowledge of financial reporting.

Advanced Prep:  None

Speaker: William F. O'Brien, CPA, MBA

Vendor: CalCPA

Field of Study:      Accounting & Auditing

Level:  Intermediate

CPE Credit: 8 Hours

Acronym: PSME

 

Registration Fees:

Members: $275

Nonmembers: $375

 

Meet the Speaker:

William F. O'Brien, MBA, CPA, is a financial management consultant and educator with over 35 years of experience. He has held senior financial management positions with Intel and ROLM and served as CFO for several emerging high technology companies. Mr. O'Brien has extensive experience in corporate planning, control, financial analysis, cash management, and managerial accounting in both domestic and international settings. He is on faculties of Santa Clara University and San Jose State University. He received the Foundation's Award for Instructor Excellence in 1994.

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