This course will cover all pronouncements of the FASB relevant to nonpublic entities. It will be presented in 4 distinct sections. First, we will identify all Accounting Standards Updates issued by the FASB in 2018, 2019, 2020, and up through March of 2021. In the second segment, we will discuss the accounting and reporting related to PPP loans, including the borrowings, forgiveness, and, when appropriate, repayment. In the third segment, we will look at the most common financial statement elements that have undergone changes in recent years. The final segment will be designed to provide attendees with practical approaches for improving the way they and their clients understand and apply GAAP.
Business combinations and consolidations. Intangibles. Reporting comprehensive income. Derivatives and hedging. Fair value. Lease accounting. Accounting for financial instruments.
Knowledge of GAAP and awareness of the FASB Accounting Standards Codification.
CPAs, auditors, and financial professionals working with nonpublic entities.
Identify relevant areas of accounting that have changed in recent years. Determine when changes are not likely to materially affect financial statements, allowing for simplified approaches. Understand the nature of significant changes and identify trends. Improve the presentation and content of financial statements and disclosures with which they are associated.
Mark E. Dauberman, CPA, EMBA Mark Dauberman Seminars/Upland, CA Mark Currently provides CPE and technical staff training for CPA firms, private industry employers of accountants, and government organizations on topics that include fraud, internal and external auditing, developing internal controls, strategic planning, and practice management. Mark’s public accounting experience includes working with various local firms throughout high school and college, and employment with Kenneth Leventhal & Company. More recently, he was a partner at NSBN, a Beverly Hills CPA and business consulting firm, where he served as director of the audit practice and was responsible for recruiting, training, business development, quality control, and strategic planning for the firm. Mark’s industry experience includes serving as assistant controller of a large trucking and warehousing firm. He has been both a controller and the Vice President of Finance and Administration for major real estate development companies. Mark also spent nearly 30 years as an entrepreneur, operating a business that prepared individuals for the CPA exam. Mark taught his first university accounting class in 1969 and has been involved in accounting education since and is currently a visiting lecturer at the University of Redlands. Mark is also a keynote motivational speaker providing his insights on fraud, dealing with competition, entrepreneurship, goal setting, time management, dealing with stress, coping with crisis, and ethics. Mark obtained his bachelors degree in accounting from California State University at Northridge. He obtained his Executive MBA at the Peter Drucker and Masatoshi Ito School of Management at Claremont Graduate University, where he previously had been a student of Dr. Drucker’s.
Non-Member Price $389.00
Member Price $289.00