Whether you are in public practice, business or industry, there continues to be significant changes to the authoritative accounting literature and guidance. Many of these changes are influenced by the agreement between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) aimed at merging their accounting standards.
This presentation will discuss some of the significant developments including:
• Revenue Recognition
• Impairment of Intangible Assets
• Proposed Financial Reporting Framework for Small and Medium-Sized Entities
• Common SEC Review Comments
• Clarified Audit Standards
The expected changes in reporting standards are already affecting business decisions today. Understanding the impact of those changes and their repercussions is vital for U.S. Companies.
Audience will learn main points of selected projects and initiatives and proposed changes from the FASB, SEC, and AICPA
Jim Brendel has over 30 years of public accounting experience working with both public and private companies in the areas of financial reporting, transaction structuring, capital formation and business development. He specializes in Securities and Exchange Commission (SEC) reporting, and has assisted public companies with initial public offerings (IPOs) and mergers and acquisitions. Jim has developed a focus in the energy, manufacturing and distribution, technology, and real estate industries. He also provides litigation support services, including expert witness testimony.