Critical Issues That CPAs in Industry Will Need to Face This Year

Overview

This course tackles pressing issues at a “need to know” level and then discusses the practical implications. Come away armed with the “big picture.” Preparedness is half the battle, so do not miss this critical briefing.

Highlights

• Recently issued ASUs of greatest significance to smaller and medium-sized entities
• Recently issued ASUs impacting SEC registrants and other public entities
• Items on the FASB’s technical agenda
• ASC 606
• The final PIR review report for ASC 606
• IRS guidance and tax reporting requirements regarding digital asset transactions
• Investments – Real estate and cases
• Retirement – Section 401(k) limitations and self-employed persons

Prerequisites

Some experience as a CPA in a corporate environment

Designed For

Practicing CPAs with a need to stay on top of the issues and trends that will affect their practice this year

Objectives

Understand the impacts of recent accounting pronouncements and critical tax topics on CPAs in industry

Preparation

None

Notice

• This seminar is co-sponsored with and administered by the South Dakota CPA Society