OCBOA Case Studies Webcast | 4203519B

Course Details

Date

Tuesday, July 7, 2020

5:30am – 1:00pm
(Registration: 5:00am)

Field of Study

Accounting

Course Number

4203519B

CPE Credit

8.0 hours CPE credit

Level of Knowledge

Overview

Vendor

CalCPA Education Foundation

Prerequisites

None.

Description




Explore compliance with the preparation, presentation, disclosure and reporting nuances of cash- and tax-basis financial statements. The AICPA FRF for SMEs will also be discussed.
Practitioners that seek to use the Other Comprehensive Basis of Accounting (OCBOA) financial statement presentations as Generally Accepted Accounting Principles (GAAP) will increase complexity and the cost of compliance. Understanding the advantages and disadvantages of alternatives to GAAP financial statement presentations is key to make proper choices for clients.
Also, a look at compliance in the preparation, presentation, disclosure and reporting nuances of cash- and tax-basis financial statements. The AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs) will be discussed. This course meets the specific OCBOA requirements that CPAs are required to meet for reissuance of their license.

Highlights





Income tax-basis financial statement presentations
Cash and modified-cash financial statement presentations
Innovative and EBITDA type reports
OCBOA engagements
AICPA Fianncial Reporting Framework for Small- and Medium-Sized Entities

Objectives





Recognize professional standards applicable for OCBOA presentations.
Determine differences in disclosure and financial statement presentations for OCBOAand GAAP.
Identify compilation, review and audit reporting requirements.
Recognize AICPA Financial Reporting Framework for Small- and Medium-Sized Entities.

Designed For




Accounting and financial professionals.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$295.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$400.00
Your Price $400.00

CPE Choice

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

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