December 21, 2022 9:00am – 4:30pm Map & Directions 602-252-4144

Webcast: OCBOA Case Studies

Description

Understanding the advantages and disadvantages of alternatives to Generally Accepted Accounting Principles (GAAP) financial statement presentations is vital to making proper choices for clients. For example, practitioners may seek to use the Other Comprehensive Basis of Accounting (OCBOA) financial statement presentations as GAAP will increase complexity and the cost of compliance. Here, we'll explore compliance with the preparation, presentation, disclosure and reporting nuances of cash- and tax-basis financial statements. We'll also discuss the AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs). This course meets the specific OCBOA requirements that CPAs must meet for the re-issuance of their license.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

8:30am

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 OCBOAand 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

Notes

None

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