Surgent's Non-GAAP Financial Statement Options: Cash, Modified Cash, and Tax Basis (CMT4)

Course Details

Date

Self-Study

Location

Online

Field of Study

Accounting & Audit

CPE Credit

4 hours CPE credit

Level of Knowledge

Beginning

Vendor

Surgent McCoy CPE, LLC

Prerequisites

None

Description

For many businesses, preparing financial statements using a special purpose framework may provide an alternative to the complexity of U.S. GAAP. This course will provide you with an overview and hands-on application for preparing financial statements using a special purpose framework. You will learn the unique measurement and disclosure requirements of various Special Purpose Framework (SPF) options using example financial statements and illustrative disclosures. The course also includes common practice issues encountered when preparing SPF financial statements, as well as an introduction to the AICPA's new SPF for small and medium-sized entities, FRF for SMEsTM. We will also review recent updates to the standards for accounting and review services that impact engagements performed on SPF financial statements.

Highlights

  • An introduction to special purpose frameworks
  • Authoritative and non-authoritative guidance used to prepare SPF financial statements
  • Common issues in preparing SPF financial statements
  • Cash basis and modified cash basis financial statements
  • Income tax basis financial statements
  • The AICPA’s new special purpose framework – FRF for SMEsTM

Designed For

Practitio

Course Pricing

WYOCPA Member Fee

Applicable if you are a WYOCPA member in good standing.

$65.00
Non-Member Fee

Applicable if you are not a WYOCPA member.

$65.00
Your Price $65.00

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