July 21, 2020 8:00am – 11:30am Map & Directions 602-252-4144

Webcast: Non-GAAP Financial Statement Options: Cash, Modified Cash and Tax Basis (8-11:30)

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


For many businesses, preparing financial statements using a special purpose framework may provide an alternative to the complexity of U.S. GAAP.

This course will provide you with an overview and hands-on application for preparing financial statements using a Special Purpose Framework (SPF). You will learn the unique measurement and disclosure requirements of various SPF options using example financial statements and illustrative disclosures. The course also includes common practice issues encountered when preparing SPF financial statements, as well as an introduction to the AICPA's new SPF for small and medium-sized entities, FRF for SMEsTM. We will also review recent updates to the standards for accounting and review services that impact engagements performed on SPF financial statements.


ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time



Non-CPA Staff:
Non-CPA Staff (100% club):
Non-CPA Staff (sole proprietor):
Accounting & Auditing


  • Review the limited authoritative and non-authoritative literature covering special purpose frameworks.
  • Learn how to prepare SPF financial statements using the cash, modified cash and tax basis of accounting.
  • Be aware of SPF accounting and presentation issues.
  • Review the disclosure requirements for SPF financial statements.

Course Level



Surgent McCoy CPE, LLC More With This Vendor

Designed For

Practitioners and staff involved with the preparation of cash and tax basis financial statements.



Event Leaders

Wells, Robert Wayne

Rating: 4.47

Robert Wayne Wells graduated from Austin Peay State University in Clarksville, Tennessee in 1970, with a Bachelor of Science Degree in Accounting and Economics. Mr. Wells began his career in public accounting in 1970 with the national firm of what was then Touche, Ross & Co. in Nashville, Tennessee. In 1974, he joined a local accounting firm in Nashville, which provided accounting, auditing, and tax services to small and medium size businesses as well as extensive tax services to individuals. After a total of over 30 years experience, he is today the President of Coomer-Wells & Co., P.C., Certified Public Accountants in Brentwood, Tennessee. Mr. Wells has conducted numerous local seminars in accounting, auditing, and taxation. He holds a Certified Public Accountant certificate in Tennessee, and is also a Certified Fraud Examiner. Mr. Wells is a member of the Tennessee Society of Certified Public Accountants, the American Institute of Certified Public Accountants, the Tennessee Association of Accountants, and the Association of Certified Fraud Examiners.

More With Wells, Robert Wayne


  • An introduction to special purpose frameworks.
  • Authoritative and non-authoritative guidance used to prepare SPF financial statements.
  • Common issues in preparing SPF financial statements.
  • Cash basis and modified cash basis financial statements.
  • Income tax basis financial statements.
  • The AICPA's new special purpose framework - FRF for SMEsTM.

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