Inside the PCC: Shaping Private Company GAAP

Overview

This foundational course provides essential strategies and tactics for CPAs and financial professionals serving as expert witnesses in depositions. Led by Brian Peter Brinig, JD, CPA/ABV, ASA’an experienced forensic expert with over 600 depositions and 300 trial appearances’the course outlines the expert’s ethical and professional responsibilities, the civil discovery process, and the critical role of depositions in litigation. You’ll learn the difference between percipient and expert witnesses, understand the legal framework of opinion evidence, and gain actionable guidance on preparing for and performing effectively in depositions. Key content includes the “Ten Commandments for Expert Testimony,” strategic insights into the adversarial nature of litigation, and how to avoid common pitfalls that can undermine credibility. By the end of the course, you’ll be equipped with the tools to protect your professional opinions, remain composed under pressure, and navigate depositions with integrity and precision.

Highlights

Prerequisites

Work experience in financial reporting or accounting, or an introductory course in accounting.

Objectives

• Identify the role of the Private Company Council in advising the FASB on private company accounting standards.
• Recognize the criteria used by the PCC to prioritize agenda items affecting private company GAAP.
• Distinguish between the perspectives of users, preparers, and practitioners in the PCC's outreach and standard-setting process.
• Identify how PCC communication and transparency initiatives support interpretation of private company accounting guidance.

Preparation

None.

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.