Private Company Reporting Options: More Changes Ahead

Course Details


Friday, November 15, 2019

6:30am – 2:00pm
(Registration: 6:00am)

Field of Study


Course Number


CPE Credit

8.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation


Knowledge of financial reporting.


Gain insight into the future of private company reporting and the choices regarding available reporting options.

With the use of GAAP for private companies in the early implementation stages, professionals are awaiting the approval of some form of IFRS for public companies and the possible revision of financial statement presentation for all businesses in the next few years.

All CPAs, practitioners, members of the industry and educators need to be aware of these critical and pending events that will dramatically shift the accounting environment, as the immediate areas of concern extend beyond simple accounting changes.

Formerly titled: Financial Reporting for Private Companies and SMEs: The Approaching Perfect Storm!

Materials are provided as an ebook.


  • History of private company accounting in the U.S.
  • Current status of U.S. GAAP reporting options for private companies.
  • Differences between IFRS for SMEs and U.S. GAAP.
  • Financial reporting options for nonpublic companies.
  • Business issues impacted by these pending changes.


  • Identify the structure of IASB.
  • Identify major differences between IFRS for SMEs and U.S. GAAP.
  • Determine private company reporting options in the U.S.
  • Identify the current implementation status of private company GAAP and the Financial Reporting Framework.

Designed For

CPAs, practitioners, industry financial professionals and educators.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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