The focus on revisions to the form and content of primary financial statements is likely to increase in 2020. This is a result of the FASB completion of priority projects and the continued interest in the Financial Performance Reporting research project.. Stay current and plan for these changes. The reformatting of basic financial statements (now referred to as Financial Performance Reporting-FPR) will generate significant measurement and system modifications. Stay current on financial statement preparation and analysis and begin to plan for changes in financial performance reporting. Commit to becoming a subject matter expert in this area of change. Formerly titled:Reformatted Financial Statements 2015: Is the Endgame in Sight?
Status of financial reporting changes, Content review of proposed financial statement changes, Impact of Financial Performance Reporting (FPR) changes on business operations, Planning an implementation timetable.
Knowledge of financial reporting
CPAs and financial professionals.
Recall the evolution of the convergence process. Recognize updates on the status of the IFRS Adoption, Convergence and FPR projects. Identify in detail the content of proposed reformatted financial statements. Recognize how the FPR project is a business model transformation. Identify tools to create your own FPR roadmap for action.
William F. O’Brien, MBA, CPA, is a financial management consultant and educator with over 40 years’ experience. He has held senior financial management positions with Intel and ROLM and served as CFO for several emerging, high technology companies. Bill has extensive experience in corporate planning, fraud assessment, control, financial analysis, cash management, managerial accounting, and financial reporting in both domestic and international settings. Bill has served on the faculties of Santa Clara University and San Jose State University.
Non-Member Price $395.00
Member Price $295.00