Current Challenges and Key Risks for CPAs and Financial Professionals FLEXCAST
Available Until
Your Desk
5.0 Credits
Member Price $245.00
Non-Member Price $282.00
Overview
Businesses are recovering from a level of disruption without parallel since WW2. Recovery has opened up opportunities for some while forcing others companies to confront unprecedented challenges to ongoing operations. The course provides participants with an overview of recent developments in the areas of corporate reporting, risk management, controls, and compliance. Coverage will be updated throughout the year to reflect emerging trends and issues. Other topics covered include issues faced by public and private companies and the CPAs who serve them.
Highlights
Economic Outlook for 2021-22. Resiliency in Recovery. Cybersecurity and Privacy. Global Economy Trade Wars, China, 5G, and US Global Preeminence Under Threat. Data Analytics, Transforming the Accounting Profession. Environmental (ESG) Reporting.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
List opportunities and risks businesses will confront in the coming 12-18 months. Identify the major threats to US prosperity and economic growth. Learn practical tools to measure company resilience in the face of ongoing threats. List PCAOB and SEC’s concerns with the current state of financial reporting. Identify current accounting, compliance, and legal standards for reporting and disclosing data breaches. Explain how recently enacted privacy rules will affect companies’ compliance and disclosure obligations. Explain how data analytics are reshaping company strategies and the role of finance in the digital transformation of business. Understand how the race to 5G will affect our US global competitiveness. Understand how evolving global economic relationships are affecting US companies. List the major components of sustainability reporting and describe the major challenges to providing ESG information.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Ray Thompson, Western CPE
Dr. Ray Thompson, CBA, CFM, CMA, is an emeritus associate professor of accounting and finance at the University of Pittsburgh. He served as department head at the University of Pittsburgh at Johnstown (UPJ) campus for over 25 years. He was the associate director of UPJ’s Entrepreneurial Development Assistance Project, where he was involved in financial consulting and assisting in preparing loan proposals for small business start-ups. He has taught in graduate and undergraduate business programs in Europe, Africa, and the United States.
Ray received his BS and MS degrees in economics and systems dynamics from the University of Bradford in the United Kingdom, his MBA in accounting from Xavier University in Ohio, and his PhD in business administration from Nova University. Ray is also certified in financial management and is a certified management accountant (CMA), a certified business appraiser (CBA), and holds the accredited valuation analyst credential from the National Association of Certified Valuators and Analysts (NACVA). He recently became certified in IFRS though the Institute of Chartered Accountants in England and Wales.
Non-Member Price $282.00
Member Price $245.00