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Reformatted Financial Statements 2015: Is the Endgame in Sight? (4152042E)
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"The form and content of primary financial statements are likely to change as a result of the FASB and IASB convergence. This reformatting of basic financial statements will generate significant measurement and system modifications. To effectively address these changes, CPAs and financial professionals will need to be re-educated on financial statement preparation and analysis. Get ahead of the curve and begin to plan for reformatted financial statements. "

2/5/2016
When: 2/5/2016
7:30 AM - 3:00 PM
Where: Webcast/Webinar
Presenter: William F. O'Brien, CPA, MBA
Contact: April Deneault
801-834-6634


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The form and content of primary financial statements are likely to change as a result of the FASB and IASB convergence. This reformatting of basic financial statements will generate significant measurement and system modifications. To effectively address these changes, CPAs and financial professionals will need to be re-educated on financial statement preparation and analysis. Get ahead of the curve and begin to plan for reformatted financial statements.

Objectives:


    Recall the evolution of the convergence process.
    Recognize updates on the status of the adoption, SME and RFS projects.
    Identify in detail the content of proposed and reformatted financial statements.
    Recognize how the RFS project is a business model transformation.
    Identify tools to create your own RFS roadmap for action.    

        
   

Major Subjects:



    Status of financial reporting changes
    Content review of proposed financial statement changes
    Impact of RFS on business operations
    Planning an implementation timetable
   
           

Designed For: CPAs and financial professionals.
 

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:    RFS

 

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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