March 22, 2022 8:00am – 3:30pm Map & Directions 602-252-4144

Webcast: OCBOA Case Studies

Online registrations are currently closed, please call (602) 324-6847 for additional registration options

Description

Explore compliance with the preparation, presentation, disclosure and reporting nuances of cash- and tax-basis financial statements. The AICPA FRF for SMEs will also be discussed. Practitioners that seek to use the Other Comprehensive Basis of Accounting (OCBOA) financial statement presentations as Generally Accepted Accounting Principles (GAAP) will increase complexity and the cost of compliance. Understanding the advantages and disadvantages of alternatives to GAAP financial statement presentations is key to make proper choices for clients. Also, a look at compliance in the preparation, presentation, disclosure and reporting nuances of cash- and tax-basis financial statements. The AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs) will be discussed. This course meets the specific OCBOA requirements that CPAs are required to meet for the re-issuance of their license.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

7:30am

Fees

Member:
$300
Non-CPA Staff:
$400
Non-CPA Staff (100% club):
$300
Non-CPA Staff (sole proprietor):
$300
Non-Member:
$400
Webcast
Accounting & Auditing
8

Objectives

  • Recognize professional standards applicable for OCBOA presentations.
  • Determine differences in disclosure and financial statement presentations for OCBOA and GAAP.
  • Identify compilation, review and audit reporting requirements.
  • Recognize AICPA Financial Reporting Framework for Small- and Medium-Sized Entities.

Course Level

Overview

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

Accounting and financial professionals.

Prerequisites

None.

Highlights

  • Income tax-basis financial statement presentations
  • Cash and modified-cash financial statement presentations
  • Innovative and EBITDA type reports
  • OCBOA engagements
  • AICPA Financial Reporting Framework for Small- and Medium-Sized Entities

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