Private Company Council: Simplicity for Private Company Financials
Available Until
Self-study
2.00 Credits
Member Price $69.00
Non-Member Price $89.00
Overview
Our panel of experts will discuss how to tackle complex cases that involve tracing and/or post-separation accounting. They will discuss common pitfalls and best practices, with a special focus on case management, the Marriage of Simonis Case and real-world examples to provide practical perspectives. This conference is tailored to equip CPAs and attorneys with the expertise to navigate family law cases effectively. Focused on the critical role of CPAs in managing intricate financial matters during divorce, child support, and asset division. This session was recorded at the 2024 Family Law Virtual Conference on October 17, 2024.
Highlights
- GAAP compliance
- financial reporting
- emerging technology trends
- automation for accountants
- artificial intelligence in accounting
Objectives
- Recognize the primary purpose and function of the Private Company Council (PCC) in addressing the unique needs of private companies within U.S. GAAP
- Identify the specific challenges private companies face with GAAP standards, including complexity, cost, and relevance to financial statement users
- Distinguish how the PCC gathers input from stakeholders through meetings, trade organizations, and conferences & advises FASB on this input
- Identify key agenda items for the PCC related to debt extinguishment, conditional retainage, CECL & leases for private companies
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.
Non-Member Price $89.00
Member Price $69.00