CPE & Meetings
This course has already taken place; registration is closed
Private Company Financial Reporting Update - BANGOR
August 25, 20107:15am – 9:00am |
Field of Interest: | A & A | Instructor: | Judith H. O'Dell, CPA |
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| Developer: | Level: | |||
| Credits: | 2 |
Members Pay:$20.00Non-Members Pay: $35.00 |
Venue: | Hollywood Slots Hotel & Raceway, 500 Main St., Bangor |
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| Description: | Is now the time for a separate set of financial reporting standards for private companies? This session will cover the progress of the Financial Accounting Foundation/AICPA/NASBA Blue Ribbon Panel on Private Company Financial Reporting, the work of FASB's Private Company Financial Reporting Committee as well as updates on current FASB projects that may impact private companies. *** THIS JUST IN! The Blue Ribbon Panel on Standard Setting for Private Companies is seeking input from constituents. Judy will also be discussing the work of the panel and will be urging participants to weigh in. The details about the Blue Ribbon Panel are on FASB's website- www.fasb.org and the questions being asked are at the following web address: http://www.fasb.org/cs/ContentServer?c=Page&pagename=FASB%2FPage%2FSectionPage&cid=1176157170731 Speaker Bio: Judy O'Dell serves as the chair of the Private Companies Financial Reporting Committee. The PCFRC is part of a broad initiative by the Financial Accounting Standards Board (FASB or "the Board") and the American Institute of Certified Public Accountants (AICPA) to further improve the FASB's current standard-setting process to better meet the financial reporting needs of private companies and the users of their financial statements. She was named one of Accounting Today's Top 100 Most Influential People in 2007, 2008 and 2009 for her role as chair of PCFRC. O'Dell is also president of O'Dell Valuation Consulting LLC, CPA in Chestertown, Maryland in addition to her role as CFO of family hotel/restaurant and real estate development businesses. She serves on the Audit Advisory Committee of the US Government Accountability Office. O'Dell previously served as a trustee of the Financial Accounting Foundation and on the board of the AICPA. She has served on and chaired numerous AICPA committees including the Technical Issues Committee. She has over 35 years of public accounting experience and was the managing partner of Beucler, Kelly& Irwin in Wayne, PA for 13 years. Judy is a graduate of Immaculata University with a BA in Economics. |