April 18, 2023

Webinar

8 CPE

Webinar (CPA Crossings): Walter Haig’s GAAP for SMEs, Tax & Cash Frameworks Update

April 18, 2023
Webinar
8 CPE

Webinar (CPA Crossings): Walter Haig’s GAAP for SMEs, Tax & Cash Frameworks Update

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    Instructor

    Walter
    Haig

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    Walter Haig

    Bio

    Walter J. Haig II, CPA, owns his own CPA firm in Creston, Wash. He has extensive experience in auditing, accounting and advisory services and family-owned businesses. He is also a highly regarded consultant in cases involving accountant's malpractice. Walter lectures nationally in the areas of auditing, accounting, compilation and review services, personal financial statements, forecasts and projections and personal financial planning. His skills as an instructor have won him the American Institute of CPAs (AICPA) "Outstanding Discussion Leader Award" five times and the Washington Society of CPAs (WSCPA) "Highest Rated Instructor Award" six times. The WSCPA "Discussion Leader of the Year Award" was named in his honor in 1990. Walter is the author of 10 highly rated continuing professional education courses that are being utilized on a national basis. He has served on various AICPA and WSCPA task forces and committees in the areas of auditing, personal financial planning and continuing education.

This course provides an update of the recent changes that have occurred in the financial reporting frameworks commonly used by small and medium-sized entities (SMEs). Troublesome areas in these financial reporting frameworks as identified in peer reviews and litigation will be highlighted.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives

After attending this presentation you will be able to…

  • Identify common mistakes in the preparation of financial statements for small- and medium-sized entities
  • Indicate common measurement principle departures in financial statements for small- and medium-sized entities
  • Recall common footnote disclosures in small- and medium-sized entities
  • Recognize the new lease accounting standard implementation issues

Major Topics

The major topics that will be covered in this class include:

  • Amendments to the U.S. Accounting Standards Codification (i.e. – U.S. GAAP) issued during the 18-month period prior to the program that impact SMEs
  • Update and review of the tax and cash special purpose frameworks
  • Update and review of the AICPA Financial Reporting Framework for SMEs
  • Update on common errors and deficiencies as identified in peer reviews and in litigation

CPE Credits Available

8 CPE
8
Accounting

Things to Know About This Course

Course Level

  • Intermediate

Prerequisites

None

Advanced Preparation

This webinar is produced by CPA Crossings. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

This course is designed for practitioners in private business and public accounting who need to update their knowledge of the accounting standards issued during the past year that affect the preparation of financial statements of small and medium-sized entities.

Provider

CPA Crossings, LLC

This event has ended.