2020FASB/SSARS/SAS UPDATE & REVIEW

Description:

2020 FASB / SSARS & SAS UPDATE & REVIEW, (VIDEOCONFERENCE) led by Prof. John Armstrong, CPA. 

Topics include: accounting and financial reporting issues related to COVID-19 and the CARES Act including important disclosures, accounting for PPP loans and forgiveness of debt presentation, accounting for the five-year NOL carryback and modified interest expense limitation, newly issued SSARS No. 25 related to review engagements, accounting and reporting issues related to the CARES Act and the Tax Cuts and Jobs Act, ASU 2016-02 – new lease standard, ASU 2016-01 – new financial instruments standards, new credit losses standard, new auditing report standards: SAS No. 134-139, review implementation of new revenue standard and disclosures, private company changes, auditing standards update, going concern issues related to audits and review engagements.

 Qualifies for the 80 hour requirement for Yellow Book.  

Highlights:

  • Accounting & Reporting standards related to CARES Act & TCJA 
  • Auditing Standards
  •  New lease standard, ASU 2016-01
  • SAS No. 134-139,
  • Review implementation of new revenue standards,
  • Going concern issues related to audits and review engagements, and much more.

Objectives:

Provide CPAs and accounting professionals with key information about updated FASB, SAS and SSARS regs and guidelines.

Prerequisites:

Familiarity with basic accounting principles and reporting requirements.

Notes:

 

Credits:

4

Course Level:

Intermediate

Members

Standard Fee: $195.00

Non-Members

Standard Fee: $195.00

Register Now

Vendor:

Boston Tax Institute, Ltd.

Location:

Fireside Inn & Suites
81 Riverside Street
Portland, ME 04103
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Start:

September 17, 2020 8:30am

End:

September 17, 2020 12:15pm

Check-in starts at 8:00am

Leader:

Armstrong, John

John A. Armstrong, CPA; Bentley College (B.S. in Accounting); Pace University (MBA in Finance); Professor of Accounting and Finance at Nichols College, Dudley, MA; Consultant on accounting, auditing, ethics, and peer review matters.

Designed For:

Accounting professionals wanting to remain current on financial statement preparation.

Yes

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