Accounting & Auditing

Accounting Standards Update

Steve Van Meter, CPA
CliftonLarsonAllen, LLP


Session Description

This session will provide an overview of Accounting Standards Updates (ASUs) issued since 2016 and their impact on financial reporting. The majority of the session will focus on ASUs issued in 2017 (there have been 10 ASUs issued through May 2017). You will learn what’s in the pipeline regarding proposed standards to identify issues which may impact your business and clients. Discussion will also highlight any new activities of the Private Company Council including ASUs that have been issued specifically for private companies. 

Course Objectives

1. Understand recently issued ASUs and how they impact financial reporting
2. Review the activities of the FASB’s Private Company Council
3. Learn about what’s on the horizon

Course is designed for accountants in both public and private practice that are responsible for making certain that financial statements are prepared in conformity with U.S. GAAP. This includes auditors as well as internal accountants who are part of the financial reporting process.      

Field of Study:
Financial Statements & Reports

Experience Level:
Intermediate

An Ethics Toolkit (CQE)

Linda Lange, CPA


Session Description

A business manager serves several masters: the client, the company, the public, and self-interest. When these are not aligned, ethical choices can become problematic and both personal and organizational risk levels rise. Among the ethics tools available to accountants and business managers are the professional codes of AICPA, IMA, and IIA, classical ethical systems, cultural norms, and personal values. This session will identify common ethical challenges or dilemmas in contemporary business, review key provisions of the AICPA, IMA, and IIA Codes of Conduct/ethics, explore classical ethical models and develop a model for alternative responses to ethical challenges. Decide, Act, and Evaluate! (Repeat)

Field of Study:
Ethics

Experience Level:
Intermediate  

 

Colorado Rules & Regulations – Or, How to Stay Off the State Board Agenda (CQE)

Courtney Cowgill, CPA, CMA, CIA, CFE, CITP, CGMA


Session Description

This course is designed for the CPA with experience practicing in public accounting or industry. While course content will include areas mandated by State Board rules, this class will identify the most common reasons CPAs get in trouble with the State Board and how to avoid and correct those issues.

Field of Study:
Regulatory Ethics

Experience Level:
Intermediate  

Finance & Audit Operations Excellence

Ravi Mangipudi, CPA, CISA
Perceptive Control Solutions LLC


Session Description

This presentation will focus on achieving finance and audit operations excellence in various aspects of you/your client’s department/company/organization. Discussion will spotlight the Optimized Maturity model, COSO for process excellence, and the Leadership Value Contribution Continuum. 

Course Objectives

1. Aligning risk with management objectives
2. Considering ability versus fit
3. Using the PMBOK model
4. Determining data sources, root cause, and relevance 5. Moving from a transactional (reviewer) to a transformational (influencer)   

Field of Study:
Auditing

Experience Level:
Intermediate

Implementing the New Not-For-Profit Standard: Practical Considerations

Tim McCutcheon, CPA, CMGA
Eide Bailly LLP


Session Description

FASB’s new standard, ASU 2016-14, is the biggest change to not-for-profit financial statements in over two decades. Is your organization ready? Are your not-for-profit clients ready? During this presentation you will learn about the requirements and receive actionable tips to assist your organization or clients. Industry experts will share a sample implementation checklist and walk through illustrative financial statements and footnote disclosures. You will learn about policy changes not-for profit organizations may need to consider in order to comply with the new standard.

Field of Study:
Tax

Experience Level:
Intermediate

Practical Approach to the New Lease Standard

Rob MaCoy CPA
BKD LLP


Session Description

This presentation will address some common issues companies will face with the lease standard. This will allow you and/or your clients to address:

1. When is this applicable
2. How will the transition work
3. What is or is not included
4. Likely issues related to related party leases
5. The effect on contractual agreements.

Course is designed for accountants in both public and private practice that are responsible for making certain that financial statements are prepared in conformity with U.S. GAAP. This includes auditors as well as internal accountants who are part of the financial reporting process.      

Field of Study:
Accounting

Experience Level:
Intermediate