Currently, all CPE and networking events are offered virtually only. Visit our updated catalog »

Webinar (CA): OCBOA Case Studies

Description

Explore compliance with the preparation, presentation, disclosure and reporting nuances of cash- and tax-basis financial statements. The AICPA FRF for SMEs will also be discussed. Practitioners that seek to use the Other Comprehensive Basis of Accounting (OCBOA) financial statement presentations as Generally Accepted Accounting Principles (GAAP) will increase complexity and the cost of compliance. Understanding the advantages and disadvantages of alternatives to GAAP financial statement presentations is key to make proper choices for clients. Also, a look at compliance in the preparation, presentation, disclosure and reporting nuances of cash- and tax-basis financial statements. The AICPA’s Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs) will be discussed. This course meets the specific OCBOA requirements that CPAs are required to meet for the re-issuance of their license.

Learning Objectives

• Recognize professional standards applicable for OCBOA presentations.
• Determine differences in disclosure and financial statement presentations for OCBOA and GAAP.
• Identify compilation, review and audit reporting requirements.
• Recognize AICPA Financial Reporting Framework for Small- and Medium-Sized Entities.

Major Topics

• Income tax-basis financial statement presentations
• Cash and modified-cash financial statement presentations
• Innovative and EBITDA type reports
• OCBOA engagements
• AICPA Financial Reporting Framework for Small- and Medium-Sized Entities

Provider
California CPA Education Foundation
Course Level
Overview
CPE Field of Study
Accounting
8
Who Should Attend

Accounting and financial professionals.

Instructor(s)
Suzan Dennis
Prerequisites

None

Advanced Preparation

This webinar is produced by AICPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Location
Webinar
Event Information
When
Aug 18, 2021
9:00 am - 4:30 pm MDT
Location
Webinar
Total CPE Credits
8
Format
Webinar

MEMBER


$ (% off)
$289.00

NON-MEMBER


$ (% off)
$389.00
Become A Member

Register for this Event

Webinar (CA): OCBOA Case Studies


Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now

×