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Update on PCC's Activities and the Simplification Initiative (4173046B)

 
Date:Monday, December 11, 2017
Time:3:00 PM - 6:30 PM
(Registration at 2:30 PM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Accounting and Auditing
Instructor: Bobbe Barnes
Vendor:California CPA Education Foundation
Course Level:Overview
Early Bird Price:$90.00 FICPA Members, $135.00 Non-Members

Description:

Stay current on Private Company Council (PCC) activities and its work as well as FASB's Simplification Initiative. The PCC is the primary, nonpublic board advising the FASB on private company matters to consider in deliberating their technical agenda.

Note: This course will not cover the AICPA's Financial Reporting Framework for Small- and Medium-Sized Entities.

Formerly titled: PCC Activities, Including Framework, ASU Updates, Simplification Initiative



Objectives:
  • Recognize the role and workplan agenda of the Private Company Council.
  • Examine the Private Company Decision-Making Framework.
  • Discover the ASUs issued as a consensus of the PCC.
  • Discover the ASUs issued as part of the FASB's Simplification Initiative to reduce complexity in accounting standards.
  • Identify current ASUs and exposure drafts outstanding as part of either PCC or the Simplification Initiative.


Major Topics:
  • Private Company Decision-Making Framework
  • Accounting Standards Updates that are a result of either PCC's input or FASB's Simplification Initiative


Who Should Attend:

CPAs with nonpublic entities clients or working in nonpublic entities, auditors, consultants and financial professionals.



Prerequisite:
None.

Advanced Preparation:
None

Session/Options

If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.