Loscalzo's Annual FASB & AICPA Update [ARU Fbx]

Full Description

Loscalzos Annual FASB and AICPA Update

August 2, 2010
Fairbanks, Alaska

$295 AKCPA Member Fee
$370 Non Member Fee

Why Attend This Course?
This course is a must to keep you on top of the changes you need to know to be effective. The course authors evaluate and emphasize only those standards that affect the small and medium sized entity and develops detailed practical guidance and illustrations. Synopses are provided for specialized issues.

Objective
Participants will be able to apply the provisions of recently issued accounting and auditing pronouncements

Highlights
This course does not focus on pronouncements with an SEC orientation. Special emphasis is placed on those pronouncements impacting small and medium sized companies. The program will focus on: Relevant Accounting Standards Updates to the FASB codification since implemented... The revised compilation and review standards, including the new report language, engagement letter requirement and optional disclosure regarding lack of independence Redrafted audit standards including those resulting from the clarity project Peer review comments

Who Will Benefit
All firms, all staff, all CPAs in privately-held companies all accountants needing a good year-round update on recently issued standards

NASBA Field of Study: Accounting and Auditing

Level: Update

Prerequisites: Basic audit and accounting course or experience William Loscalzo, CPA
Advance Preparation: Participants are asked to read the pronouncements before attending the session

CPE Credit Hours: 8 Accounting 4 hrs Auditing 4 hrs
Section on auditing standards qualifies for the 24 hour Yellow Book requirement. Section on specific accounting standards qualifies for the 24 hour Yellow Book requirement if an auditor has FASB Yellow Book clients. Determination as to the qualification of certain courses for the Yellow Book 24 hour requirement should be made on an auditor specific basis depending on that auditors Yellow Book clients. Note that the determination of course qualification is a matter of an auditors professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80 hour requirement.

Acronym: ARU

Discussion Leader: Gregory M. Clark, CPA
Gregory M. Clark CPA is an author and discussion leader for LOSCALZO ASSOCIATES, P.A. and a Principal with the Business Compliance & Controls Group (BCCG) an accounting consulting firm specializing in employee benefit plan audits and compliance, internal controls auditing, consulting and assessments, and technical accounting training and consulting.

With extensive experience in the audit and business compliance field, Greg has participated in all aspects of employee benefit plan engagements; including plan audit and business risk assessments, plan internal control assessment and design, plan regulatory compliance, data retention management, and administrative contract compliance. BCCG provides technical accounting and auditing consulting services, quality control and effectiveness reviews and compliance assistance to CPA firms performing employee benefit plan engagements.

Greg is an internationally known speaker on the topics of employee benefit plans, technical accounting and auditing, operational auditing and internal controls evaluations, data retention management, organizational risk assessments and various other topics. Greg has worked with accountants and auditors from international companies throughout the world, many Fortune 500 companies, numerous local, regional, and national CPA firms, and for more than 40 State CPA societies.