Going Concern Accounting and Reporting Considerations in the COVID-19 Environment (VIRTUAL SEMINAR)More Courses
AGC2-WEB | Virtual Live & In-person | Intermediate | Scheduled
Please note: This seminar will only be available via live webcast.
- Accounting & Auditing
Experience in accounting and auditing
Accounting and auditing practitioners assisting in the preparation of financial statements
One of the unfortunate outcomes of the COVID-19 pandemic is the economic stress. Such stress has raised concerns about many entities’ abilities to continue as a going concern, which has significant accounting, disclosure, and reporting implications. This course will review the relevant considerations related to going concern.
- Current FASB accounting standards related to going concern, including the new requirements of ASU 2014-15
- Evaluating risk of material misstatement in financial reports related to improper presentation and disclosure of going concern uncertainty
- The responsibility of an independent accountant for evaluating going concern uncertainty under various levels of engagement to perform attest and nonattest services
- New requirements of SAS No. 132 and SSARS No. 24 related to an auditor’s responsibility for considering going concern uncertainty?
Joann Noe Cross
Joann Noe Cross is Professor and Faculty Director for the College of Business Administration at the University of Wisconsin-Oshkosh. She received her Ph.D. in Accountancy from the University of Illinois - Urbana. Professor Cross led the College of Business Administration's successful AACSB Reaccredidation in 1999 and coordinated the College's Wisconsin Forward Award application process in 2000. She is a member of the American Institute of Certified Public Accountants and numerous other professional and academic organizations. Dr. Cross presents numerous AICPA accounting and auditing seminars around the country, speaks at various conferences throughout the year and maintains an active consulting practice. RD 2/6/04