$98.00
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Secure Transaction Private Company Simplified GAAP Alternatives
Format
Webcast
Course Level
Basic
CPE Credits
2 Credits: Accounting
Course Description
The FASB formed the Private Company Council to provide certain alternatives in U.S. GAAP that are only available to nonpublic business entities, with limited exceptions for certain nonprofits. This course will provide insight into when adopting the accounting and financial reporting alternatives would be to the advantage of private companies.
Learning Objectives
Upon completion of this course, participants will be able to:
- List the recognition, measurement, presentation and disclosure options only available to nonpublic business entities in U.S. GAAP.
- Explain the benefits of adopting the U.S. GAAP alternatives, and the most advantageous time to do so
- Apply illustrative examples for how financial statements look different before and after application of the allowable simplifications in accordance with U.S. GAAP
Course Specifics
WC1124397224
September 18, 2024
None
None
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis. Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years. Prior to that, Jennifer was Executive Vice President/Director of …
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