In this session, we will discuss the how you should prepare for your upcoming peer review. We will touch on the new AICPA PRIMA program, and some of the common findings that lead to a failure rating. Then, hear a non-profit update, including details on presentation of financial statements for non-profit entities and leases.
BENEFITS
Earn 4 CPE credits in AA.
HIGHLIGHTS
How to Prepare for Peer Review
Frank Boutillette
In this session, we will discuss:
- Selecting a Peer Reviewer
- Types of Reviews
- The AICPA Peer Review Enhanced Oversight Program
- AICPA - PRIMA
- Peer Review Findings & Reporting
- Common Findings
Not-for-Profit Accounting and Auditing Update
Alexander Buchholz
In this session, we will discuss:
- ASU 2016-14 - Presentation of financial statements of not-for profit entities
- Proposed ASU - Clarifying the scope and the accounting guidance for contributions received and contributions made
- ASU 2016-02 - Leases
- ASU 2014-09 - Revenue from contracts with customers
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
Early birds save $15 - late fee will be applied after 9/10. Season Pass holders must register for each event.
For course materials, please visit your
My Events page. Handouts are added as received, remember to check back for updates.